Priority Technology Holdings Inc reports results for the quarter ended in June - Earnings Summary

Priority Technology Holdings

09/08/2022 14:32

* Priority Technology Holdings Inc  PRTH.OQ  reported a
quarterly
adjusted loss of 11 cents​​ per share for the quarter ended in
June. The mean expectation of four analysts for the quarter was
for breakeven results per share.
    * Revenue rose 33.1% to $166.43 million from a year ago;
analysts
expected $162.23 million. 
    * Priority Technology Holdings Inc's reported EPS for the
quarter
was a loss of 11 cents​.
    * The mean earnings estimate of analysts had fallen by
about 116.6% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Priority Technology Holdings Inc shares had risen by 48.5%
this
quarter and lost 30.8% so far this year.
    * The company reported a quarterly loss of $8.26 million.
    * Wall Street's median 12-month price target for Priority
Technology Holdings Inc is $13.00 
    * 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." 

This summary was machine generated from Refinitiv data August 9
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.00           -0.11          Missed
 Mar. 31 2022      -0.01          -0.11          Missed
 Dec. 31 2021      0.06           0.21           Beat
 Sep. 30 2021      -0.01          -0.09          Missed