Flywire Corp expected to post a loss of 7 cents a share - Earnings Preview

Flywire

24/02/2024 24:25

* Flywire Corp  FLYW.OQ   FLYW.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Boston Massachusetts-based  company is expected to
report a
24.0% increase in revenue to $90.608 million from $73.05 million
a year ago, according to the mean estimate from 16 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Flywire Corp is for a
loss
of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 1
"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 Flywire
Corp is
$30.00​, above​ its last closing price of $23.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.09        0.10       0.08      Missed  -16.2
 Jun. 30 2023  -0.14       -0.14      -0.15     Missed  -4.3
 Mar. 31 2023  -0.06       -0.06      -0.03     Beat    50​
 Dec. 31 2022  -0.13       -0.10      -0.01     Beat    89.6
 ​​Sep.        0.05        0.07       -0.04     Missed  -158.4
 30 2022                                                
 Jun. 30 2022  -0.15       -0.14      -0.22     Missed  -57​
 Mar. 31 2022  -0.03       -0.03      -0.10     Missed  -205.1
 Dec. 31 2021  -0.04       -0.05      -0.11     Missed  -125.8
 This summary was machine generated February 24 at 00:25 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)