FlexShopper Inc expected to post a loss of 25 cents a share - Earnings Preview

FlexShopper

29/03/2024 20:25

* FlexShopper Inc  FPAY.OQ   FPAY.O  is expected to show a
rise in
quarterly revenue when it reports  results on April 1 for the
period ending December 31 2023
    * The Boca Raton Florida-based  company is expected to
report a
42.5% increase in revenue to $30.509 million from $21.41 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 25 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 $2.00​, above​ its last closing price of $1.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022              -0.08      -0.37     Missed  -335.3
 ​​Sep.        0.06        0.05       -0.32     Missed  -740
 30 2022                                                
 Jun. 30 2022  -0.06       -0.06      0.51      Beat    905.3​
 Mar. 31 2022  -0.05       -0.06      -0.14     Missed  -147
 Dec. 31 2021              0.01       0.00      Missed  -100
 This summary was machine generated March 29 at 20:25 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)