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KPLT Katapult Holdings News Story

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Katapult Holdings Inc expected to post a loss of $1.77 a share - Earnings Preview

Katapult Holdings Inc KPLT.OQ KPLT.O is expected to show a rise in quarterly revenue when it reports  results on March 28 for the period ending December 31 2024

The New York City-based  company is expected to report a 9.7% increase in revenue to $62.2 million from $56.71 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on November 6 2024, for the period ended December 31, was for revenue between $59.54 million and $60.68 million.

​LSEG's mean analyst estimate for Katapult Holdings Inc is for a loss of $1.77 per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the software peer group is also "Hold".​

Wall Street's median 12-month price target for Katapult Holdings Inc is $9.00​, below​ its last closing price of $11.10. ​​​

The company's guidance on November 6 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD0.

This summary was machine generated March 10 at 12:46 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)

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