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

Priority Technology Holdings

10/11/2022 14:34

* Priority Technology Holdings Inc  PRTH.OQ  reported a
quarterly
adjusted loss of 12 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was for a
loss of 6 cents per share.
    * Revenue rose 25.6% to $166.42 million from a year ago;
analysts
expected $170.34 million. 
    * Priority Technology Holdings Inc's reported EPS for the
quarter
was a loss of 13 cents​.
    * The mean earnings estimate of analysts had fallen by
about 63.6%
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 fallen by 4.4%
this
quarter and lost 39.1% so far this year.
    * The company reported a quarterly loss of $10.26 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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.06          -0.12          Missed
 Jun. 30 2022      0.00           -0.11          Missed
 Mar. 31 2022      0.02           -0.11          Missed
 Dec. 31 2021      0.06           0.21           Beat