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

FlexShopper

10/11/2022 23:44

* FlexShopper Inc  FPAY.OQ  reported a quarterly adjusted
loss
of 32 cents​​ per share for the quarter ended in September. The
mean expectation of three analysts for the quarter was
for earnings of 5 cents per share.
    * Revenue fell 15.3% to $26.14 million from a year ago;
analysts
expected $38.06 million. 
    * FlexShopper Inc's reported EPS for the quarter was a loss
of 32
cents​.
    * The mean earnings estimate of analysts had fallen by
about 37.5%
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 21.0% this
quarter and
lost 37.4% so far this year.
    * The company reported a quarterly loss of $6.89 million.
    * Wall Street's median 12-month price target for FlexShopper
Inc
is $4.00 
    * 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 Refinitiv data November
10 at 11:44 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.01           0.00           Missed