Priority Technology Holdings Inc expected to post a loss of 1  cent a share - Earnings Preview

Priority Technology Holdings

09/05/2022 19:34

* Priority Technology Holdings Inc  PRTH.OQ   PRTH.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 11. 
    * The Alpharetta Georgia-based  company is expected to
report  a
33.9% increase in revenue to $151.688 million from $113.3
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Priority Technology
Holdings Inc is for a loss of 1 cent per share. For the same
quarter last year, the company reported a loss of 4 cents per
share.
    * The current average analyst rating on the shares is "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 Priority
Technology Holdings Inc is $13.5​, above​ its last closing price
of $4.85. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.04        0.06       0.21      Beat    281.8
 Sep. 30 2021  -0.03       -0.01      -0.09     Missed  -1,249
                                                        .3
 Jun. 30 2021  -0.02       -0.01      -0.02     Missed  -33.3​
 Mar. 31 2021  -0.04       -0.04      -0.04     Met     0
 ​​Dec.                    -0.08                        
 31 2020                                                
 Sep. 30 2020  -0.15       -0.15      -0.99     Missed  -560​
 Jun. 30 2020              -0.21                        
 This summary was machine generated May 9 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated