PAR Technology Corp expected to post a loss of 29 cents a share - Earnings Preview

PAR Technology

07/05/2024 13:20

* PAR Technology Corp  PAR.N   PAR  is expected to show a
rise in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The New Hartford New York-based  company is expected to
report a
10.0% increase in revenue to $110.475 million from $100.44
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for PAR Technology Corp is
for a
loss of 29 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"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 PAR
Technology
Corp is $48.00​, above​ its last closing price of $44.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.27       -0.26      -0.33     Missed  -25
 Sep. 30 2023  -0.36       -0.35      -0.21     Beat    40.8
 Jun. 30 2023  -0.35       -0.34      -0.52     Missed  -52.1​
 Mar. 31 2023  -0.34       -0.34      -0.46     Missed  -35.1
 ​​Dec.        -0.45       -0.45      -0.26     Beat    41.6
 31 2022                                                
 Sep. 30 2022  -0.41       -0.41      -0.44     Missed  -7.4​
 Jun. 30 2022  -0.36       -0.35      -0.36     Missed  -3.4
 Mar. 31 2022  -0.41       -0.42      -0.26     Beat    38.8
 This summary was machine generated May 7 at 12:20 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)