Payoneer Global Inc reports results for the quarter ended in December - Earnings Summary

Payoneer Global

28/02/2024 16:53

* Payoneer Global Inc  PAYO.OQ  reported quarterly adjusted
earnings of 7 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of -3 cents.  The mean expectation of
ten analysts for the quarter was for earnings of 6 cents per
share. Wall Street expected results to range from 4 cents to 10
cents per share.
    * Revenue rose 22.2% to $224.32 million from a year ago;
analysts
expected $221.42 million. 
    * Payoneer Global Inc's reported EPS for the quarter was 7
cents​.
    * The company reported quarterly net income of $27.02
million.
    * Payoneer Global Inc shares had risen by 6.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.7%
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 10 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for Payoneer Global
Inc is $7.00 
This summary was machine generated from LSEG data February 28 at
04:52 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      0.06           0.07           Beat
 Sep. 30 2023      0.05           0.03           Missed
 Jun. 30 2023      0.04           0.12           Beat
 Mar. 31 2023      0.03           0.02           Missed