Katapult Holdings Inc reports results for the quarter ended in December - Earnings Summary

Katapult Holdings

14/03/2024 18:35

* Katapult Holdings Inc  KPLT.OQ  reported a quarterly
adjusted
loss of $4.46​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of $-3.75.  The lone analyst forecast for the quarter was
for a loss of $1.79 per share. 
    * Revenue rose 16.1% to $56.71 million from a year ago;
analysts
expected $55.82 million. 
    * Katapult Holdings Inc's reported EPS for the quarter was a
loss
of $4.46​.
    * The company reported a quarterly loss of $18.59 million.
    * Katapult Holdings Inc shares had risen by 68.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 51.7%
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 "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 $16.00 
This summary was machine generated from LSEG data March 14 at
06:34 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
 Dec. 31 2023      -1.79          -4.46          Missed
 Sep. 30 2023      -1.79          -0.71          Beat
 Jun. 30 2023      -2.25          -1.57          Beat
 Mar. 31 2023      -2.50          -2.25          Beat