Priority Technology Holdings Inc expected to post a loss of 6 cents a share - Earnings Preview

Priority Technology Holdings

06/08/2024 17:49

* Priority Technology Holdings Inc  PRTH.OQ   PRTH.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 8 for the period ending June 30 2024
    * The Alpharetta Georgia-based  company is expected to
report a
18.8% increase in revenue to $216.611 million from $182.29
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Priority Technology
Holdings
Inc is for a loss of 6 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 $4.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.09       -0.09      -0.10     Missed  -8.1
 Dec. 31 2024              -0.10      -0.12     Missed  -14.3
 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.        -0.14       -0.14      -0.15     Missed  -7.1
 31 2023                                                
 Jan. 1 0001               -0.07      -0.15     Missed  -114.3
                                                        ​
 Sep. 30 2022  -0.06       -0.06      -0.12     Missed  -100
 Jun. 30 2022  -0.02       0.00       -0.11     Missed  -3,203
                                                        .3
 This summary was machine generated August 6 at 16:49 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)