How does MOGO's Q4 2023 forecast compare to past performance?
4/7/2025 06:27pm
Mogo's (MOGO) Q4 2023 forecast shows an estimated EPS of -$0.09 and an estimated revenue of $12.77 million. When compared to the actual EPS and revenue figures from the previous quarters of 2023, we can observe the following:
|code|Ticker|Name|Date|Total Revenue (FY)|Diluted EPS (FY)|market_code|
|---|---|---|---|---|---|---|
|MOGO|MOGO.O|Mogo|2023|4.940236322879E7|-0.5453719128|186|
1. **Q4 2023 Forecast vs. Actual Q3 2023**: The estimated EPS of -$0.09 for Q4 2023 is significantly lower than the actual EPS of $0.8 for Q3 2023, indicating a potential decline in earnings. Similarly, the estimated revenue of $12.77 million for Q4 2023 is less than the actual revenue of $15.98 million for Q3 2023, suggesting a possible decrease in revenue.
2. **Q4 2023 Forecast vs. Actual Q2 2023**: The estimated EPS of -$0.09 for Q4 2023 is comparable to the actual EPS of -$0.04 for Q2 2023, indicating a similar level of earnings. However, the estimated revenue of $12.77 million for Q4 2023 is higher than the actual revenue of $12.47 million for Q2 2023, suggesting an increase in revenue projections.
3. **Q4 2023 Forecast vs. Actual Q1 2023**: The estimated EPS of -$0.09 for Q4 2023 is not directly comparable to the actual EPS of $0.8 for Q1 2023, indicating a significant difference in earnings projections. The estimated revenue of $12.77 million for Q4 2023 is also higher than the actual revenue of $12.47 million for Q1 2023, suggesting an increase in revenue projections.
In conclusion, Mogo's Q4 2023 forecast shows a potential decline in earnings compared to the previous quarter's actual performance, but an increase in revenue projections. The forecasted EPS and revenue for Q4 2023 are lower than the previous quarter's actual figures, indicating a challenging period for the company.