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

Flywire Corp FLYW.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -5 cents.  The mean expectation of sixteen analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -4 cents to 4 cents per share.

Revenue rose 17% to $133.45 million from a year ago; analysts expected $123.62 million.

Flywire Corp's reported EPS for the quarter was a loss of 3 cents​.

The company reported a quarterly loss of $4.16 million.

Flywire Corp shares had risen by 2.3% this quarter and lost 52.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 68.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the business support services peer group is  "hold."

Wall Street's median 12-month price target for Flywire Corp is $16.00

This summary was machine generated from LSEG data May 6 at 11:36 p.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
Mar. 31 20250.010.03Beat
Dec. 31 20240.00-0.12Missed
Sep. 30 20240.150.30Beat
Jun. 30 2024-0.10-0.11Missed

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