Expensify Inc expected to post earnings of 5 cents a share - Earnings Preview

Expensify

08/05/2024 03:06

* Expensify Inc  EXFY.OQ   EXFY.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Portland Oregon-based  company is expected to report a
11.4% decrease in revenue to $35.525 million from $40.1 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Expensify Inc is for
earnings
of 5 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Expensify
Inc is
$2.00​, above​ its last closing price of $1.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.05       -0.05      0.04      Beat    176.7
 Jan. 1 2023   0.02        0.02       -0.08     Missed  -439.4
 Jun. 30 2023  0.05        0.05       -0.01     Missed  -122​
 Mar. 31 2023  0.08        0.08       0.05      Missed  -36.5
 ​​Dec.        0.07        0.07       0.09      Beat    35.3
 31 2022                                                
 Sep. 30 2022  0.08        0.08       0.06      Missed  -29​
 Jun. 30 2022  0.09        0.09       0.08      Missed  -11.6
 Mar. 31 2022  0.05        0.05       0.09      Beat    68.2
 This summary was machine generated May 8 at 02:06 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)