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

LivePerson

01/08/2024 18:29

* LivePerson Inc  LPSN.OQ  reported a quarterly adjusted
loss
of 33 cents​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of 12 cents.  The mean expectation of seven analysts for the
quarter was for a loss of 19 cents per share. Wall Street
expected results to range from -30 cents to 8 cents per share.
    * Revenue fell 18.1% to $79.88 million from a year ago;
analysts
expected $77.36 million. 
    * LivePerson Inc's reported EPS for the quarter was a loss
of 33
cents​.
    * LivePerson Inc shares had risen by 107.6% this quarter and
lost 68.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.7%
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 1 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "hold"

Wall Street's median 12-month price target for LivePerson Inc is
$1.00 
This summary was machine generated from LSEG data August 1 at
05:29 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      -0.19          -0.33          Missed
 Mar. 31 2024      -0.31          -0.40          Missed
 Dec. 31 2023      -0.31          -0.48          Missed
 Sep. 30 2023      -0.19          -0.68          Missed