FlexShopper Inc expected to post a loss of 8 cents a share - Earnings Preview

FlexShopper

24/03/2023 11:59

* FlexShopper Inc  FPAY.OQ   FPAY.O  is expected to show a
fall in
quarterly revenue when it reports  results on March 27
(estimated). 
    * The Boca Raton Florida-based  company is expected to
report  a
7.4% decrease in revenue to $28.785 million from $31.09 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for FlexShopper Inc is
for a
loss of 8 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 $3​, above​ its last closing price of $0.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Dec. 31 2021              0.01       0.00      Missed  -100
 ​​Sep.        0.02        0.02       0.05      Beat    150
 30 2021                                                
 Jun. 30 2021  0.01        0.02       -0.03     Missed  -228.6
                                                        ​
 Mar. 31 2021  0.02        0.01       -0.03     Missed  -325.1
 Dec. 31 2020  -0.01       0.00       -0.05     Missed  -1,401
                                                        .5
 This summary was machine generated March 24 at 11:59 GMT.  All
figures in US dollars  unless otherwise stated