Paltalk Inc expected to post a loss of 2 cents a share - Earnings Preview

Intelligent Protection Management

07/05/2024 19:55

* Paltalk Inc  PALT.OQ   PALT.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Jericho New York-based  company is expected to report
a
3.3% increase in revenue to $2.648 million from $2.56 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Paltalk Inc is for a
loss of 2
cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for the online
services
peer group is also "Buy".​
    * Wall Street's median 12-month price target for Paltalk Inc
is
$5.00​, above​ its last closing price of $3.40. ​​​

This summary was machine generated May 7 at 18:55 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)