FlexShopper Inc expected to post a loss of 13 cents a share - Earnings Preview

FlexShopper

07/05/2024 12:54

* FlexShopper Inc  FPAY.OQ   FPAY.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 9 (estimated)
for the period ending March 31 2024
    * The Boca Raton Florida-based  company is expected to
report a
5.2% decrease in revenue to $29.193 million from $30.79 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for FlexShopper Inc is for a
loss
of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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. ​
    * Wall Street's median 12-month price target for FlexShopper
Inc
is $2.50​, above​ its last closing price of $1.09. ​​​

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  -0.21       -0.25      -0.27     Missed  -6.6
 Sep. 30 2023  -0.25       -0.25      -0.01     Beat    96
 Jun. 30 2023  -0.09       -0.08      -0.22     Missed  -164​
 Mar. 31 2023  -0.16       -0.13      -0.06     Beat    55.6
 ​​Dec.                    -0.08      -0.37     Missed  -335.3
 31 2022                                                
 Sep. 30 2022  0.06        0.05       -0.32     Missed  -740​
 Jun. 30 2022  -0.06       -0.06      0.51      Beat    905.3
 Mar. 31 2022  -0.05       -0.06      -0.14     Missed  -147
 This summary was machine generated May 7 at 11:54 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)