Picture of Flywire logo

FLYW — Flywire News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsAdventurousMid CapHigh Flyer

Flywire Corp reports results for the quarter ended December 31 - Earnings Summary

Flywire Corp FLYW.OQ reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 1 cents.  The mean expectation of sixteen analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -5 cents to 3 cents per share.

Revenue rose 12.2% to $112.80 million from a year ago; analysts expected $118.92 million.

Flywire Corp's reported EPS for the quarter was a loss of 12 cents​.

The company reported a quarterly loss of $15.9 million.

Flywire Corp shares had fallen by 14.5% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 20.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the business support services peer group is also "buy"

Wall Street's median 12-month price target for Flywire Corp is $25.00

This summary was machine generated from LSEG data February 26 at 07:06 a.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.00-0.12Missed
Sep. 30 20240.150.30Beat
Jun. 30 2024-0.10-0.11Missed
Mar. 31 2024-0.02-0.05Missed

Recent news on Flywire

See all news