Flywire Corp reports results for the quarter ended in June - Earnings Summary

Flywire

09/08/2022 23:02

* Flywire Corp  FLYW.OQ  reported a quarterly adjusted loss
of 22
cents​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for a loss
of 14 cents per share.
    * Revenue rose 52.9% to $56.54 million from a year ago;
analysts
expected $49.07 million. 
    * Flywire Corp's reported EPS for the quarter was a loss
of 22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 35.7%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Flywire Corp shares had risen by 37.2% this quarter and
lost 36.5% so far this year.
    * The company reported a quarterly loss of $23.8 million.
    * Wall Street's median 12-month price target for Flywire
Corp is
$30.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 11 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.14          -0.22          Missed
 Mar. 31 2022      -0.03          -0.10          Missed
 Dec. 31 2021      -0.05          -0.11          Missed
 Sep. 30 2021      0.00           0.08           Beat