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

Paysign

04/05/2024 24:07

* Paysign Inc  PAYS.OQ   PAYS.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Henderson Nevada-based  company is expected to report
a
22.2% increase in revenue to $12.392 million from $10.14 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.The company's guidance on March 26 2024, for
the period ended March 31, was for revenue between $12.00
million and $13.00 million.
    * ​LSEG'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
$5.50​, above​ its last closing price of $4.73. ​​​

The company's guidance on March 26 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD12 million and USD1.5 million.The
company's guidance on March 26 2024 for the period ended March
31 was for gross profit margin between USD52% and USD53%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              0.02       0.03      Beat    80
 Sep. 30 2023  0.01        0.01       0.02      Beat    50
 Jun. 30 2023  0.00        0.00       0.00      Met     ​
 Mar. 31 2023  0.00        0.00       0.00      Met     
 ​​Dec.                    0.01       0.01      Met     0
 31 2022                                                
 Sep. 30 2022  0.01        0.01       0.02      Beat    199.9​
 Jun. 30 2022  0.00        -0.01      0.00      Beat    100
 Jan. 1 0001   0.00        0.00       -0.01     Missed  -500
 This summary was machine generated May 3 at 23:06 GMT.  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)