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Stock impact report

Pagaya Technologies Ltd. (PGY) Laps the Stock Market: Here's Why [Yahoo! Finance]

Pagaya Technologies Ltd. (PGY) 
Company Research Source: Yahoo! Finance
This change outpaced the S&P 500's 0.02% gain on the day. On the other hand, the Dow registered a loss of 0.11%, and the technology-centric Nasdaq increased by 0.1%. The company's shares have seen a decrease of 12.33% over the last month, not keeping up with the Business Services sector's loss of 5.08% and the S&P 500's loss of 3.01%. The investment community will be closely monitoring the performance of Pagaya Technologies Ltd. in its forthcoming earnings report. The company is scheduled to release its earnings on May 9, 2024. The company is expected to report EPS of $0.16, up 166.67% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $229.45 million, indicating a 22.94% increase compared to the same quarter of the previous year. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.98 per share and revenue of $997.77 million, which would represent changes of +308.33% and +26.01%, respectively, from the prio Show less Read more
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