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

PAR Technology

07/08/2023 22:45

* PAR Technology Corp  PAR.N   PAR  is expected to show a
rise in
quarterly revenue when it reports  results on August 9. 
    * The New Hartford New York-based  company is expected to
report 
a 15.9% increase in revenue to $98.663 million from $85.09
million a year ago, according to the mean estimate from 8
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 5 "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 PAR
Technology
Corp is $40.5​, above​ its last closing price of $36.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.34       -0.34      -0.46     Missed  -35.1
 Dec. 31 2023  -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.        -0.41       -0.42      -0.26     Beat    38.8
 31 2022                                                
 Dec. 31 2021  -0.38       -0.38      -0.36     Beat    4.4​
 Sep. 30 2021  -0.61       -0.55      -0.36     Beat    34.1
 Jun. 30 2021  -0.35       -0.33      -0.36     Missed  -9.8
 This summary was machine generated August 7 at 21:45 GMT.  All
figures in US dollars  unless otherwise stated