Paysafe Ltd reports results for the quarter ended in June - Earnings Summary

Paysafe

15/08/2023 14:31

* Paysafe Ltd  PSFE.N  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 13 cents per share.
    * Revenue rose 6.2% to $402.34 million from a year ago;
analysts
expected $394.16 million. 
    * Paysafe Ltd's reported EPS for the quarter was a loss of 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Paysafe Ltd shares had risen by 17.1% this quarter and
lost 14.9% so far this year.
    * The company reported a quarterly loss of $1.77 million.
    * Wall Street's median 12-month price target for Paysafe Ltd
is
$15.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 15 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.13           -0.03          Missed
 Mar. 31 2023      -0.05          -0.06          Missed
 Dec. 31 2022      0.10           -0.56          Missed
 Sep. 30 2022      0.05           0.00           Missed