Surgepays Inc reports results for the quarter ended in December - Earnings Summary

Surgepays

31/03/2023 24:03

* Surgepays Inc  SURG.OQ  reported quarterly adjusted
earnings of
25 cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 11
cents per share.
    * Revenue rose 155.9% to $36.23 million from a year ago;
analysts
expected $40.10 million. 
    * Surgepays Inc's reported EPS for the quarter was 25
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2,200% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Surgepays Inc shares had fallen by 26.7% this quarter.
    * The company reported quarterly net income of $3.05
million.
    * Wall Street's median 12-month price target for Surgepays
Inc is
$12.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 30 at 11:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.11          0.25           Beat
 Sep. 30 2022      0.29           -0.12          Missed
 Jun. 30 2022      0.01           -0.07          Missed
 Mar. 31 2022      -0.04          -0.10          Missed