Flywire Corp expected to post a loss of 2 cents a share - Earnings Preview

Flywire

04/05/2024 03:12

* Flywire Corp  FLYW.OQ   FLYW.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Boston Massachusetts-based  company is expected to
report a
16.5% increase in revenue to $109.897 million from $94.36
million a year ago, according to the mean estimate from 15
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Flywire Corp is for a
loss
of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Flywire
Corp is
$34.00​, above​ its last closing price of $19.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.07       -0.07      0.01      Beat    113.9
 Jan. 1 2023   0.09        0.10       0.08      Missed  -16.2
 Jan. 1 0001   -0.14       -0.14      -0.15     Missed  -4.3​
 Mar. 31 2023  -0.06       -0.06      -0.03     Beat    50
 ​​Dec.        -0.13       -0.10      -0.01     Beat    89.6
 31 2022                                                
 Sep. 30 2022  0.05        0.07       -0.04     Missed  -158.4
                                                        ​
 Jun. 30 2022  -0.15       -0.14      -0.22     Missed  -57
 Jan. 1 0001   -0.03       -0.03      -0.10     Missed  -205.1
 This summary was machine generated May 4 at 02:12 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)