Lightspeed Commerce Inc expected to post earnings of 6 cents a share - Earnings Preview

Lightspeed Commerce

30/07/2024 18:39

* Lightspeed Commerce Inc  LSPD.TO   is expected to show a
rise in
quarterly revenue when it reports  results on August 1 for the
period ending January 1 0001
    * The Montreal Quebec-based  company is expected to report a
23.9% increase in revenue to $258.965 million from $209.09
million a year ago, according to the mean estimate from 15
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Lightspeed Commerce Inc
is for
earnings of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Lightspeed
Commerce Inc is $19.96​, above​ its last closing price
of C$18.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024              0.05       0.06      Beat    16.1
 Jan. 1 2024               0.03       0.08      Beat    132.3
 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.        -0.03       -0.03      0.00      Beat    100
 31 2023                                                
 Dec. 31 2022  -0.05       -0.05      0.00      Beat    100​
 Sep. 30 2022  -0.07       -0.06      -0.05     Beat    23.1
 Jun. 30 2022  -0.13       -0.14      -0.12     Beat    12.2
 This summary was machine generated July 30 at 17:39 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)