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

Expensify

09/05/2023 22:02

* Expensify Inc  EXFY.OQ  reported quarterly adjusted
earnings of
5 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 8 cents per share.
    * Revenue fell 0.7% to $40.10 million from a year ago;
analysts
expected $43.88 million. 
    * Expensify Inc's reported EPS for the quarter was a loss
of 7
cents​.
    * The mean earnings estimate of analysts had risen by
about 16.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Expensify Inc shares had fallen by 8.8% this quarter and
lost 15.9% so far this year.
    * The company reported a quarterly loss of $5.95 million.
    * Wall Street's median 12-month price target for Expensify
Inc is
$12.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.08           0.05           Missed
 Dec. 31 2022      0.07           0.09           Beat
 Sep. 30 2022      0.08           0.06           Missed
 Jun. 30 2022      0.09           0.08           Missed