PAR Technology Corp reports results for the quarter ended in December - Earnings Summary

PAR Technology

27/02/2024 14:39

* PAR Technology Corp  PAR.N  reported a quarterly adjusted
loss
of 33 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of -26 cents.  The mean expectation of ten analysts for the
quarter was for a loss of 26 cents per share. Wall Street
expected results to range from -42 cents to -20 cents per share.
    * Revenue rose 10.3% to $107.71 million from a year ago;
analysts
expected $104.69 million. 
    * PAR Technology Corp's reported EPS for the quarter was a
loss
of 67 cents​.
    * The company reported a quarterly loss of $18.63 million.
    * PAR Technology Corp shares had risen by 4.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for PAR
Technology
Corp is $46.00 

This summary was machine generated from LSEG data February 27 at
02:39 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.26          -0.33          Missed
 Sep. 30 2023      -0.35          -0.21          Beat
 Jun. 30 2023      -0.34          -0.52          Missed
 Mar. 31 2023      -0.34          -0.46          Missed