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

OLB

16/05/2023 19:46

* OLB Group Inc  OLB.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 11 cents per
share.
    * Revenue fell 24.6% to $6.62 million from a year ago;
analysts
expected $7.03 million. 
    * OLB Group Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * OLB Group Inc shares had fallen by 13.1% this quarter and
gained 5.6% so far this year.
    * The company reported a quarterly loss of $2.65 million.
    * 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 May
16 at 06:46 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.11          -0.15          Missed
 Sep. 30 2022      -0.09          -0.12          Missed
 Jun. 30 2022      -0.08          -0.10          Missed