Paltalk Inc expected to post a loss of 8 cents a share - Earnings Preview

Intelligent Protection Management

09/08/2024 22:40

* Paltalk Inc  PALT.OQ   PALT.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 13 for the
period ending June 30 2024
    * The Jericho New York-based  company is expected to report
a
10.0% decrease in revenue to $2.66 million from $2.96 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 8
cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Paltalk Inc
is
$4.50​, above​ its last closing price of $3.99. ​​​

This summary was machine generated August 9 at 21:40 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)