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

OLB

21/08/2023 22:01

* OLB Group Inc  OLB.OQ  reported quarterly adjusted
earnings of
39 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 9 cents per
share.
    * Revenue fell 0.3% to $8.34 million from a year ago;
analysts
expected $7.54 million. 
    * OLB Group Inc's reported EPS for the quarter was a loss
of 4
cents​.
    * 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. 
    * OLB Group Inc shares had fallen by 28.6% this quarter and
lost 22.5% so far this year.
    * The company reported a quarterly loss of $587 thousand.
    * Wall Street's median 12-month price target for OLB Group
Inc is
$3.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 21 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.09          0.39           Beat
 Mar. 31 2023      -0.11          -0.15          Missed
 Sep. 30 2022      -0.09          -0.12          Missed