GSKY - GreenSky stock climbs after Q4 beat more optimistic guidance

GreenSky (GSKY) gains 7.1% in premarket trading after raising the top end of 2021 guidance for its bottom line and adjusted EBITDA due to tailwinds in funding and credit performance.Chairman and CEO David Zalik said he's encouraged by improving consumer credit trends and is "cautiously optimistic that 2021 performance will likely be better than initially estimated."Sees net income at ~$0 vs. $39M loss guidance at its investor day presentation; sees adjusted EBITDA of $45M-$55M, up from ~$45M previously.Sees adjusted EBITDA margin of 8%-10% vs. prior view of ~8%.Still sees 2021 transaction volumes of $6.2B-$6.5B, up from $5.5B in 2020, and 2021 revenue of ~$584M.Q4 transaction volume of $1.3B vs. $1.5B in year-ago quarter.Q4 EPS of 11 cents beats the average analyst estimate of 4 cents and increased from 3 cents a year ago.Q4 revenue of $128.8M beats $124.4M consensus and declined from $135.9M a year ago; transaction fee revenue of $93.9M fell from

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GreenSky stock climbs after Q4 beat, more optimistic guidance