Lightspeed Commerce Inc expected to post earnings of 3 cents a share - Earnings Preview

Lightspeed Commerce

06/02/2024 13:33

* Lightspeed Commerce Inc  LSPD.TO   is expected to show a
rise in
quarterly revenue when it reports  results on February 8 for the
period ending December 31 2023
    * The Montreal Quebec-based  company is expected to report a
24.9% increase in revenue to $235.661 million from $188.7
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data. (SAL is based on Total Revenue)
    * ​LSEG's mean analyst estimate for Lightspeed Commerce Inc
is for
earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Lightspeed
Commerce Inc is $21.00​, below​ its last closing price
of C$25.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.01        0.00       0.04      Beat    1,900
 Jun. 30 2023  -0.04       -0.04      -0.01     Beat    76.1
 Mar. 31 2023  -0.03       -0.03      0.00      Beat    100​
 Dec. 31 2022  -0.05       -0.05      0.00      Beat    100
 ​​Sep.        -0.07       -0.06      -0.05     Beat    23.1
 30 2022                                                
 Jun. 30 2022  -0.13       -0.14      -0.12     Beat    12.2​
 Mar. 31 2022  -0.13       -0.12      -0.15     Missed  -22.4
 Dec. 31 2021  -0.09       -0.09      -0.07     Beat    20.5
 This summary was machine generated February 6 at 13:32 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)