ShiftPixy Inc reports results for the quarter ended in August - Earnings Summary

ShiftPixy

18/12/2023 22:02

* ShiftPixy Inc  PIXY.OQ  reported a quarterly adjusted loss
of
$283.85​​ per share for the quarter ended in August.  The lone
analyst forecast for the quarter was for a loss of $11.76 per
share. 
    * Revenue fell 52.8% to $3.30 million from a year ago;
analysts
expected $4.50 million. 
    * The company reported a quarterly loss of $14.98 million.
    * ShiftPixy Inc shares had fallen by 68.8% this quarter and
lost 98.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for ShiftPixy
Inc is
$31.20 

This summary was machine generated from LSEG data December 18 at
10:02 p.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
 Aug. 31 2023      -11.76         -2.84 hundred  Missed
 May. 31 2023      -13.44         -18.00         Missed
 Feb. 28 2023      -15.12         -14.16         Beat