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

Repay Holdings

10/05/2024 04:31

* Repay Holdings Corp  RPAY.OQ  reported quarterly adjusted
earnings of 23 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 20 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 26
cents per share.
    * Revenue rose 8.3% to $80.72 million from a year ago;
analysts
expected $78.82 million. 
    * Repay Holdings Corp's reported EPS for the quarter was a
loss
of 6 cents​.
    * The company reported a quarterly loss of $5.21 million.
    * Repay Holdings Corp shares had fallen by 0.3% this
quarter and
gained 28.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.7%
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 May 10 at
03:30 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
 Mar. 31 2024      0.22           0.23           Beat
 Dec. 31 2023      0.21           0.27           Beat
 Sep. 30 2023      0.21           0.21           Met
 Jun. 30 2023      0.20           0.19           Missed