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

ShiftPixy

22/01/2024 23:29

* ShiftPixy Inc  PIXY.OQ  reported a quarterly adjusted loss
of
$1.90​​ per share for the quarter ended in November.  The lone
analyst forecast for the quarter was for a loss of 97 cents per
share. 
    * Revenue was $3.77 million​; analysts expected $3.50
million. 
    * ShiftPixy Inc's reported EPS for the quarter was a loss of
$1.90​.
    * The company reported a quarterly loss of $5.54 million.
    * ShiftPixy Inc shares had risen by 9.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 91.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

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." 
    * The average consensus recommendation for the employment
services
peer group is also "buy"

Wall Street's median 12-month price target for ShiftPixy Inc is
$7.00 
This summary was machine generated from LSEG data January 22 at
11:29 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
 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
 Feb. 28 2023      -15.12         -14.16         Beat