Paysign Inc reports results for the quarter ended in September 30 - Earnings Summary

Paysign

06/11/2024 04:44

* Paysign Inc  PAYS.OQ  reported quarterly adjusted earnings
of 3
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 2 cents.  The mean expectation of three analysts for the
quarter was for earnings of one cent per share. 
    * Revenue rose 23% to $15.26 million from a year ago;
analysts
expected $14.82 million. 
    * Paysign Inc's reported EPS for the quarter was 3 cents​.
    * The company reported quarterly net income of $1.44
million.
    * Paysign Inc shares had fallen by 0.3% this quarter and
gained 30.7% so far this year.

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
7.00 
This summary was machine generated from LSEG data November 6 at
04:44 a.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
 Sep. 30 2024      0.01           0.03           Beat
 Jun. 30 2024      0.01           0.01           Met
 Mar. 31 2024      0.00           0.01           Beat
 Dec. 31 2023      0.02           0.03           Beat