Priority Technology Holdings Inc expected to post a loss of 9 cents a share - Earnings Preview

Priority Technology Holdings

07/05/2024 17:04

* Priority Technology Holdings Inc  PRTH.OQ   PRTH.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 9 for the period ending March 31 2024
    * The Alpharetta Georgia-based  company is expected to
report a
13.6% increase in revenue to $210.137 million from $185.03
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 9 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 $7.50​, above​ its last closing price
of $3.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.15       -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. 31 2023  -0.14       -0.14      -0.15     Missed  -7.1
 ​​Dec.                    -0.07      -0.15     Missed  -114.3
 31 2022                                                
 Sep. 30 2022  -0.06       -0.06      -0.12     Missed  -100​
 Jun. 30 2022  -0.02       0.00       -0.11     Missed  -3,203
                                                        .3
 Jan. 1 0001   -0.04       0.02       -0.11     Missed  -571.4
 This summary was machine generated May 7 at 16:04 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)