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

FlexShopper

04/08/2023 12:51

* FlexShopper Inc  FPAY.OQ   FPAY.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 8
(estimated). 
    * The Boca Raton Florida-based  company is expected to
report  a
11.3% decrease in revenue to $32.435 million from $36.55 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 $2.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.16       -0.13      -0.06     Beat    55.6
 Dec. 31 2023              -0.08      -0.37     Missed  -335.3
 Sep. 30 2022  0.06        0.05       -0.32     Missed  -740​
 Jun. 30 2022  -0.06       -0.06      0.51      Beat    905.3
 ​​Mar.        -0.05       -0.06      -0.14     Missed  -147
 31 2022                                                
 Dec. 31 2021              0.01       0.00      Missed  -100​
 Sep. 30 2021  0.02        0.02       0.05      Beat    150
 Jun. 30 2021  0.01        0.02       -0.03     Missed  -228.6
 This summary was machine generated August 4 at 11:51 GMT.  All
figures in US dollars  unless otherwise stated