Paysign Inc expected to post breakeven results a share - Earnings Preview

Paysign

09/05/2023 03:01

* Paysign Inc  PAYS.OQ   PAYS.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 10. 
    * The Henderson Nevada-based  company is expected to report 
a
24.7% increase in revenue to $10.247 million from $8.22 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on March 21
2023, for the period ended March 31, was for revenue between
$10.20 million and $10.30 million.
    * ​Refinitiv's mean analyst estimate for Paysign Inc is for
breakeven results per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "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 Paysign Inc
is
$4.63​, above​ its last closing price of $3.33. ​​​

The company's guidance on March 21 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD10.2 million and USD800
thousand.The company's guidance on March 21 2023 for the period
ended March 31 was for gross profit margin between USD52.5% and
USD53.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022              0.01       0.01      Met     0
 Sep. 30 2022  0.01        0.01       0.02      Beat    199.9
 Jun. 30 2022  0.00        -0.01      0.00      Beat    100​
 Mar. 31 2022  0.00        0.00       -0.01     Missed  -500
 ​​Dec.        0.00        0.00       0.00      Met     100
 31 2021                                                
 Sep. 30 2021              0.00       -0.01     Missed  ​
 Jun. 30 2021  -0.01       -0.01      -0.01     Met     20
 Mar. 31 2021  0.01        0.01       -0.01     Missed  -300
 This summary was machine generated May 9 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated