LM Funding America Inc reports results for the quarter - Earnings Summary

Powercompute

13/11/2024 15:16

* LM Funding America Inc  LMFA.OQ  reported a quarterly
adjusted
loss of $1.77​​ per share for the quarter .  The lone analyst
forecast for the quarter was for a loss of $1.25 per share. 
    * Revenue fell 64.3% to $1.26 million from a year ago;
analysts
expected $1.80 million. 
    * LM Funding America Inc's reported EPS for the quarter was
a loss
of $2.41​.
    * The company reported a quarterly loss of $6.4 million.
    * LM Funding America Inc shares had risen by 27.8% this
quarter and lost 8.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.8%
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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the blockchain &
cryptocurrency peer group is  "hold."

Wall Street's median 12-month price target for LM Funding
America Inc is 6.00 
This summary was machine generated from LSEG data November 13 at
03:16 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
 Sep. 30 2024      -1.25          -1.77          Missed
 Jun. 30 2024      -0.85          -2.44          Missed
 Mar. 31 2024      -0.57          0.61           Beat
 Dec. 31 2023      -1.20          -0.67          Beat