Repay Holdings Corp reports results for the quarter ended in June - Earnings Summary

Repay Holdings

09/08/2024 01:37

* Repay Holdings Corp  RPAY.OQ  reported quarterly adjusted
earnings of 22 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 19 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 22 cents per
share. Wall Street expected results to range from 19 cents to 25
cents per share.
    * Revenue rose 4.4% to $74.91 million from a year ago;
analysts
expected $76.11 million. 
    * Repay Holdings Corp's reported EPS for the quarter was a
loss
of 4 cents​.
    * The company reported a quarterly loss of $4.07 million.
    * Repay Holdings Corp shares had fallen by 18.0% this
quarter and
gained 1.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for Repay Holdings
Corp is $12.00 
This summary was machine generated from LSEG data August 9 at
12:36 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 1 0001       0.22           0.22           Met
 Mar. 31 2024      0.22           0.23           Beat
 Dec. 31 2023      0.21           0.27           Beat
 Sep. 30 2023      0.21           0.21           Met