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

FlexShopper

11/08/2022 21:49

* FlexShopper Inc  FPAY.OQ  reported quarterly adjusted
earnings
of 51 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 6 cents per share.
    * Revenue rose 19.1% to $36.55 million from a year ago;
analysts
expected $31.60 million. 
    * FlexShopper Inc's reported EPS for the quarter was 51
cents​.
    * The mean earnings estimate of analysts had fallen by
about 416.6% 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 risen by 24.5% this quarter and
lost 52.3% so far this year.
    * The company reported quarterly net income of $13.78
million.
    * Wall Street's median 12-month price target for FlexShopper
Inc
is $2.50 
    * 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 Refinitiv data August 11
at 08:49 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.06          0.51           Beat
 Mar. 31 2022      -0.06          -0.14          Missed
 Dec. 31 2021      0.01           0.00           Missed
 Sep. 30 2021      0.02           0.05           Beat