PAR Technology Corp expected to post a loss of 34 cents a share - Earnings Preview

PAR Technology

08/05/2023 22:52

* PAR Technology Corp  PAR.N   PAR  is expected to show a
rise in
quarterly revenue when it reports  results on May 10. 
    * The New Hartford New York-based  company is expected to
report 
a 12.3% increase in revenue to $90.191 million from $80.29
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for PAR Technology Corp
is
for a loss of 34 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $42​, above​ its last closing price of $29.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.45       -0.45      -0.26     Beat    41.6
 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
 ​​Dec.        -0.38       -0.38      -0.36     Beat    4.4
 31 2021                                                
 Sep. 30 2021  -0.61       -0.55      -0.36     Beat    34.1​
 Jun. 30 2021  -0.35       -0.33      -0.36     Missed  -9.8
 Mar. 31 2021  -0.35       -0.34      -0.52     Missed  -54.1
 This summary was machine generated May 8 at 21:52 GMT.  All
figures in US dollars  unless otherwise stated