Abacus Global Management Inc expected to post earnings of 16 cents a share - Earnings Preview

Abacus Global Management

06/05/2025 22:58

Abacus Global Management Inc ABL.OQ ABL.O is expected to show a rise in quarterly revenue when it reports  results on May 8 for the period ending March 31 2025

The Orlando Florida-based  company is expected to report a 85.0% increase in revenue to $39.757 million from $21.49 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for Abacus Global Management Inc is for earnings of 16 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for Abacus Global Management Inc is $14.00‚Äč, above‚Äč its last closing price of $8.20. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.14
0.14
0.16
Beat
15.5
Sep. 30 2024
0.14
0.14
0.20
Beat
47.9
Jun. 30 2024
0.13
0.13
0.18
Beat
38.1‚Äč
0.11
‚Äč‚Äč
‚Äč

This summary was machine generated May 6 at 21:58 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)