Netcapital Inc reports results for the quarter ended October 31 - Earnings Summary

Netcapital

16/12/2024 22:51

* Netcapital Inc  NCPL.OQ  reported a quarterly adjusted
loss of
$2.34​​ per share for the quarter ended October 31, lower than
the same quarter last year, when the company reported EPS of
$2.80.  The lone analyst forecast for the quarter was for a loss
of $1.29 per share. 
    * Revenue fell 91.6% to $170.53 thousand from a year ago;
analysts
expected $1.06 million. 
    * Netcapital Inc's reported EPS for the quarter was a loss
of
$2.34​.
    * The company reported a quarterly loss of $2.22 million.
    * Netcapital Inc shares had risen by 26.4% this quarter and
lost 86.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 143.4% 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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
fintech infrastructure peer group is also "buy"

Wall Street's median 12-month price target for Netcapital Inc is
$2.25 
This summary was machine generated from LSEG data December 16 at
10:51 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
 Oct. 31 2024      -1.29          -2.34          Missed
 Jul. 31 2024      -0.62          -5.10          Missed
 Apr. 30 2024      -3.50          -4.90          Missed
 Jan. 31 2024      2.80           -13.30         Missed