Surgepays Inc expected to post a loss of 27 cents a share - Earnings Preview

Surgepays

09/11/2024 24:43

* Surgepays Inc  SURG.OQ   SURG.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 12 for
the period ending September 30 2024
    * The Bartlett Tennessee-based  company is expected to
report a
74.7% decrease in revenue to $8.642 million from $34.16 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Surgepays Inc is for a
loss
of 27 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Surgepays
Inc is
5.50​, above​ its last closing price of $1.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.09       -0.07      -0.66     Missed  -842.9
 Jan. 1 2024   0.14        0.15       0.07      Missed  -53.3
 Dec. 31 2023  0.41        0.41       0.19      Missed  -53.3​
 Sep. 30 2023  0.28        0.29       0.49      Beat    71.9
 ​​Jun.        0.15        0.16       0.40      Beat    158.1
 30 2023                                                
 Mar. 31 2023  -0.03       -0.03      0.31      Beat    1,133.
                                                        3​
 Dec. 31 2022  -0.19       -0.11      0.25      Beat    317.4
 Jan. 1 0001   0.29        0.29       -0.12     Missed  -141.4
 This summary was machine generated November 9 at 00:43 GMT.  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)