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

Paysign

30/07/2024 03:05

* Paysign Inc  PAYS.OQ   PAYS.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 31 for the
period ending June 30 2024
    * The Henderson Nevada-based  company is expected to report
a
26.8% increase in revenue to $14 million from $11.04 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.The company's guidance on May 7 2024, for the
period ended June 30, was for revenue of $14.077
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 average consensus recommendation for the business
support
services peer group is  "Buy".​
    * Wall Street's median 12-month price target for Paysign Inc
is
$6.00​, above​ its last closing price of $5.14. ​​​

The company's guidance on May 7 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD14.07728 million and USD1.9414
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.00        0.00       0.01      Beat    
 Dec. 31 0001              0.02       0.03      Beat    50
 Sep. 30 2023  0.01        0.01       0.02      Beat    50​
 Jan. 1 0001   0.00        0.00       0.00      Met     
 ​​Mar.        0.00        0.00       0.00      Met     
 31 2023                                                
 Jan. 1 0001               0.01       0.01      Met     0​
 Sep. 30 2022  0.01        0.01       0.02      Beat    199.9
 Jan. 1 0001   0.00        -0.01      0.00      Beat    100
 This summary was machine generated July 30 at 02:05 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)