Dave Inc. (NASDAQ:DAVE) is set to release its quarterly earnings on March 2, 2026. Wall Street anticipates earnings per share (EPS) of $3.38 and revenue of approximately $162.28 million. This announcement comes amid a recent surge in DAVE's share price, which rose 11.6% to $192.33, driven by strong investor interest and higher-than-average trading volume.
Despite the recent price increase, DAVE's stock has seen a 1.4% decline over the past four weeks. The company is benefiting from robust member growth and improved credit quality, thanks to its CashAI underwriting system. These factors, along with expanding profit margins, support confidence in DAVE's long-term growth prospects.
DAVE is expected to report quarterly earnings of $3.50 per share, a 71.6% increase from the previous year. Revenues are projected to reach $164 million, reflecting a 62.5% rise compared to the same quarter last year. These figures highlight the company's strong performance and potential for future growth.
Over the past year, DAVE shares have increased by 66.5%. The stock trades at 11.81 times earnings, below the industry average of 21.95 times. As of September 2025, DAVE reported a return on equity (ROE) of 77.7% and held $92 million in cash, with no current debt, indicating strong financial health.
The consensus estimate for the upcoming quarter's earnings is $3.50 per share. Notably, one estimate has been revised upward in the past 60 days, with no downward revisions. DAVE has a strong track record of exceeding earnings expectations, having surpassed the Zacks Consensus Estimate in the last four quarters with an average surprise of 74.7%.
