FlexShopper Inc reports results for the quarter ended in December - Earnings Summary

FlexShopper

28/04/2023 12:59

* FlexShopper Inc  FPAY.OQ  reported a quarterly adjusted
loss
of 37 cents​​ per share for the quarter ended in December. The
mean expectation of three analysts for the quarter was for a
loss of 8 cents per share.
    * Revenue fell 31.1% to $21.41 million from a year ago;
analysts
expected $28.78 million. 
    * FlexShopper Inc's reported EPS for the quarter was 27
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * FlexShopper Inc shares had fallen by 8.2% this quarter and
lost 15.7% so far this year.
    * The company reported quarterly net income of $6 million.
    * Wall Street's median 12-month price target for FlexShopper
Inc
is $3.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 28 at 11:59 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.08          -0.37          Missed
 Sep. 30 2022      0.05           -0.32          Missed
 Jun. 30 2022      -0.06          0.51           Beat
 Mar. 31 2022      -0.06          -0.14          Missed