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

Priority Technology Holdings

09/11/2021 03:04

* Priority Technology Holdings Inc  PRTH.OQ   PRTH.O  is
expected to show a rise in quarterly revenue when it reports 
results on November 15. 
* The Alpharetta, Georgia-based company is expected to report  a
16.0% increase in revenue to $126.357 million from $108.96
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 cents per share. For the same
quarter last year, the company reported a loss of 99 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "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​, about 49% above​ its last
closing price of $6.63. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  -0.02       -0.01      -0.02     Missed  -33.3
 Mar. 31 2021  -0.04       -0.04      -0.04     Met     0
 Dec. 31 2020              -0.08                        ​
 Sep. 30 2020  -0.15       -0.15      -0.99     Missed  -560
 ​​Jun.                    -0.21                        
 30 2020                                                
                                                        ​
                                      -0.02             
 Sep. 30 2019  -0.12       -0.12      -0.08     Beat    33.3
 This summary was machine generated November 9 at 03:03 GMT.  All
figures in US dollars unless otherwise stated