Paysign Inc reports results for the quarter ended in December - Earnings Summary

Paysign

26/03/2024 23:12

* Paysign Inc  PAYS.OQ  reported quarterly adjusted earnings
of 3
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 1
cents.  The mean expectation of three analysts for the quarter
was for earnings of 2 cents per share. Wall Street expected
results to range from 1 cents to 3 cents per share.
    * Revenue rose 28.9% to $13.69 million from a year ago;
analysts
expected $12.62 million. 
    * Paysign Inc's reported EPS for the quarter was 10 cents​.
    * The company reported quarterly net income of $5.62
million.
    * Paysign Inc shares had risen by 18.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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
$4.95 
This summary was machine generated from LSEG data March 26 at
11:12 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.02           0.03           Beat
 Sep. 30 2023      0.01           0.02           Beat
 Jun. 30 2023      0.00           0.00           Met
 Mar. 31 2023      0.00           0.00           Met