LivePerson Inc reports results for the quarter ended September 30 - Earnings Summary

LivePerson

08/11/2024 16:29

* LivePerson Inc  LPSN.OQ  reported a quarterly adjusted
loss
of 32 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of -68 cents.  The mean expectation of six analysts
for the quarter was for a loss of 22 cents per share. Wall
Street expected results to range from -38 cents to -16 cents per
share.
    * Revenue fell 26.7% to $74.24 million from a year ago;
analysts
expected $71.13 million. 
    * LivePerson Inc's reported EPS for the quarter was a loss
of 32
cents​.
    * The company reported a quarterly loss of $28.31 million.
    * LivePerson Inc shares had fallen by 5.5% this quarter and
lost 68.1% 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," 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 November 8 at
04:29 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
 Sep. 30 2024      -0.22          -0.32          Missed
 Jun. 30 2024      -0.19          0.44           Beat
 Mar. 31 2024      -0.31          -0.40          Missed
 Dec. 31 2023      -0.31          -0.48          Missed