A Closer Look
Pagaya Technologies Ltd. (PGY) has recently garnered significant attention from investors, prompting a closer examination of factors influencing its near-term performance.
Current Quarter: Expected earnings of $0.16 per share, a 166.7% increase year-over-year.
Consensus earnings estimate of $0.98, representing a 308.3% year-over-year growth.
Consensus earnings estimate of $1.97, indicating a 100.5% increase year-over-year.
Current Quarter: Consensus sales estimate of $229.45 million, a 22.9% year-over-year change.
Estimated revenue of $997.77 million, a 26% year-over-year change.
Estimated revenue of $1.23 billion, a 23.6% year-over-year change.
Zacks Value Style Score: B, indicating a discount compared to peers.
While Pagaya Technologies Ltd. exhibits strong earnings and revenue growth potential, its Zacks Rank #3 suggests a performance in line with the broader market in the near term.
The company has not consistently exceeded earnings estimates in recent quarters.
Revenue growth has been positive, but the company missed consensus revenue estimates in two of the last four quarters.
Pagaya Technologies Ltd. presents an interesting investment opportunity with its impressive growth potential. However, investors should carefully consider the company's valuation and recent earnings performance before making any investment decisions.