Expensify Inc reports results for the quarter ended in December - Earnings Summary

Expensify

23/02/2024 10:51

* Expensify Inc  EXFY.OQ  reported quarterly adjusted
earnings of
4 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 9 cents.  The mean expectation of eight analysts for the
quarter was for a loss of 5 cents per share. Wall Street
expected results to range from -12 cents to 1 cents per share.
    * Revenue fell 19% to $35.21 million from a year ago;
analysts
expected $35.55 million. 
    * Expensify Inc's reported EPS for the quarter was a loss
of 9
cents​.
    * The company reported a quarterly loss of $7.49 million.
    * Expensify Inc shares had fallen by 35.6% this quarter.

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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Expensify
Inc is
$2.50 

This summary was machine generated from LSEG data February 23 at
10:50 a.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
 Dec. 31 2023      -0.05          0.04           Beat
 Sep. 30 2023      0.02           -0.08          Missed
 Jun. 30 2023      0.05           -0.01          Missed
 Mar. 31 2023      0.08           0.05           Missed