Priority Technology Holdings Inc expected to post a loss of 10 cents a share - Earnings Preview

Priority Technology Holdings

08/03/2024 12:43

* Priority Technology Holdings Inc  PRTH.OQ   PRTH.O  is
expected
to show a rise in quarterly revenue when it reports  results on
March 12 for the period ending December 31 2023
    * The Alpharetta Georgia-based  company is expected to
report a
13.7% increase in revenue to $201.836 million from $177.56
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Priority Technology
Holdings
Inc is for a loss of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $8.00​, above​ its last closing price
of $3.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.15       -0.14      -0.16     Missed  -10.3
 Jun. 30 2023  -0.13       -0.12      -0.16     Missed  -29.7
 Mar. 31 2023  -0.14       -0.14      -0.15     Missed  -7.1​
 Dec. 31 2022              -0.07      -0.15     Missed  -114.3
 ​​Sep.        -0.06       -0.06      -0.12     Missed  -100
 30 2022                                                
 Jun. 30 2022  -0.02       0.00       -0.11     Missed  -3,203
                                                        .3​
 Mar. 31 2022  -0.04       0.02       -0.11     Missed  -571.4
 Dec. 31 2021  0.04        0.06       0.21      Beat    281.8
 This summary was machine generated March 8 at 12:43 GMT.  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)