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

Paysafe

16/05/2023 14:31

* Paysafe Ltd  PSFE.N  reported a quarterly adjusted loss
of 6
cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for a loss of 5
cents per share.
    * Revenue rose 5.5% to $387.85 million from a year ago;
analysts
expected $377.54 million. 
    * Paysafe Ltd's reported EPS for the quarter was a loss of 6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 222.4% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Paysafe Ltd shares had fallen by 16.1% this quarter and
gained 4.3% so far this year.
    * The company reported a quarterly loss of $3.81 million.
    * Wall Street's median 12-month price target for Paysafe Ltd
is
$21.50 
    * 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 May
16 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.15           0.60           Beat