Ispire Technology Inc reports results for the quarter ended September 30 - Earnings Summary
12/11/2024 15:47
* Ispire Technology Inc ISPR.OQ reported a quarterly
adjusted
loss of 10 cents per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of -3 cents. The mean expectation of two analysts for the
quarter was for a loss of 6 cents per share. Wall Street
expected results to range from -10 cents to -2 cents per share.
* Revenue fell 8.2% to $39.34 million from a year ago;
analysts
expected $51.66 million.
* Ispire Technology Inc's reported EPS for the quarter was a
loss
of 10 cents.
* The company reported a quarterly loss of $5.6 million.
* Ispire Technology Inc shares had fallen by 5.1% this
quarter and
lost 51.4% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 33.3%
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 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the tobacco peer
group
is "hold."
Wall Street's median 12-month price target for Ispire Technology
Inc is $9.50
This summary was machine generated from LSEG data November 12 at
03:47 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 ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.06 -0.10 Missed
Jun. 30 2024 -0.09 -0.06 Beat
-0.11
Dec. 31 2023 0.01 -0.07 Missed