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

Katapult Holdings

14/08/2024 14:31

* Katapult Holdings Inc  KPLT.OQ  reported a quarterly
adjusted
loss of $1.61​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of $-1.57.  The lone analyst forecast for the quarter was for a
loss of $1.31 per share. 
    * Revenue rose 6.6% to $58.20 million from a year ago;
analysts
expected $59.00 million. 
    * Katapult Holdings Inc's reported EPS for the quarter was a
loss
of $1.61​.
    * The company reported a quarterly loss of $6.89 million.
    * Katapult Holdings Inc shares had fallen by 1.3% this
quarter and
gained 52.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 $19.00 
This summary was machine generated from LSEG data August 14 at
01:30 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
 Jun. 30 2024      -1.31          -1.61          Missed
 Mar. 31 2024      -1.32          -0.13          Beat
 Dec. 31 2023      -1.79          -4.46          Missed
 Sep. 30 2023      -1.79          -0.71          Beat