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

Katapult Holdings

16/05/2024 21:59

* Katapult Holdings Inc  KPLT.OQ  reported a quarterly
adjusted
loss of 13 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of $-2.25.  The lone analyst forecast for the
quarter was for a loss of $1.32 per share. 
    * Revenue rose 16.9% to $65.06 million from a year ago;
analysts
expected $62.44 million. 
    * Katapult Holdings Inc's reported EPS for the quarter was a
loss
of 13 cents​.
    * The company reported a quarterly loss of $570 thousand.
    * Katapult Holdings Inc shares had risen by 60.0% this
quarter and
gained 71.3% 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 May 16 at
08:59 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
 Mar. 31 2024      -1.32          -0.13          Beat
 Dec. 31 2023      -1.79          -4.46          Missed
 Sep. 30 2023      -1.79          -0.71          Beat
 Jun. 30 2023      -2.25          -1.57          Beat