AppTech Payments Corp reports results for the quarter ended in June - Earnings Summary

AppTech Payments

15/08/2024 13:50

* AppTech Payments Corp  APCX.OQ  reported a quarterly
adjusted
loss of 12 cents​​ per share for the quarter ended in June.  The
lone analyst forecast for the quarter was for a loss of 12 cents
per share. 
    * Revenue was $76.00 thousand​; analysts expected $144.00
thousand. 
    * AppTech Payments Corp's reported EPS for the quarter was a
loss
of 12 cents​.
    * The company reported a quarterly loss of $2.92 million.
    * AppTech Payments Corp shares had risen by 31.9% this
quarter and
lost 37.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the financial
technology (fintech) peer group is also "buy"

Wall Street's median 12-month price target for AppTech Payments
Corp is $1.50 
This summary was machine generated from LSEG data August 15 at
12:50 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.12          -0.12          Met
 Mar. 31 2024      -0.12          -0.13          Missed
 Dec. 31 2023      -0.15          -0.15          Met