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

ShiftPixy

19/04/2024 21:05

* ShiftPixy Inc  PIXY.OQ  reported a quarterly adjusted loss
of 87
cents​​ per share for the quarter ended in February, higher than
the same quarter last year, when the company reported EPS of
$-14.16.  The lone analyst forecast for the quarter was for a
loss of $1.01 per share. 
    * Revenue fell 16.7% to $3.81 million from a year ago;
analysts
expected $3.80 million. 
    * ShiftPixy Inc's reported EPS for the quarter was a loss
of 87
cents​.
    * The company reported a quarterly loss of $4.7 million.
    * ShiftPixy Inc shares had fallen by 29.5% this quarter and
lost 65.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2% 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
$7.00 

This summary was machine generated from LSEG data April 19 at
08:04 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
 Feb. 29 2024      -1.01          -0.87          Beat
 Nov. 30 2023      -0.97          -1.90          Missed
 Aug. 31 2023      -11.76         -2.84 hundred  Missed
 May. 31 2023      -13.44         -18.00         Missed