Pagaya Technologies Ltd expected to post a loss of 19 cents a share - Earnings Preview

Pagaya Technologies

08/11/2024 16:10

* Pagaya Technologies Ltd  PGY.OQ   PGY.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
12 for the period ending September 30 2024
    * The Tel Aviv-yafo Israel-based   company is expected to
report a
19.6% increase in revenue to $253.205 million from $211.76
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Pagaya Technologies Ltd
is for
a loss of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Pagaya
Technologies Ltd is 23.00​, above​ its last closing price
of $13.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.00        -0.01      -1.04     Missed  -10,30
                                                        0
 Mar. 31 2024  -0.04       -0.04      -0.33     Missed  -708.8
 Dec. 31 2023  -0.16       -0.17      -0.24     Missed  -44.6​
 Sep. 30 2023  -0.22       -0.24      -0.36     Missed  -47.6
 ​​Jun.        -0.28       -0.29      -0.48     Missed  -63.3
 30 2023                                                
 Mar. 31 2023  -0.36       -0.36      -1.08     Missed  -200​
 Dec. 31 2022  -0.93       -0.92      -0.60     Beat    34.8
 Sep. 30 2022  -0.35       -0.36      -1.32     Missed  -266.7
 This summary was machine generated November 8 at 16:10 GMT.  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)