Paysign Inc expected to post earnings of 2 cents a share - Earnings Preview

Paysign

22/03/2024 20:19

* Paysign Inc  PAYS.OQ   PAYS.O  is expected to show a rise
in
quarterly revenue when it reports  results on March 26 for the
period ending December 31 2023
    * The Henderson Nevada-based  company is expected to report
a
18.8% increase in revenue to $12.618 million from $10.62 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.The company's guidance on November 7 2023,
for the period ended December 31, was for revenue of $14.508
million. (Sales/Revenue Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for Paysign Inc is for
earnings of
2 cents 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
$4.95​, above​ its last closing price of $3.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022              0.01       0.01      Met     0
 ​​Sep.        0.01        0.01       0.02      Beat    199.9
 30 2022                                                
 Jun. 30 2022  0.00        -0.01      0.00      Beat    100​
 Mar. 31 2022  0.00        0.00       -0.01     Missed  -500
 Dec. 31 2021  0.00        0.00       0.00      Met     100
 This summary was machine generated March 22 at 20:19 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)