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

Surgepays

12/03/2024 22:32

* Surgepays Inc  SURG.OQ  reported quarterly adjusted
earnings of
20 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 25 cents.  The mean expectation of three analysts for the
quarter was for earnings of 41 cents per share. Wall Street
expected results to range from 28 cents to 51 cents per share.
    * Revenue fell 10.8% to $32.32 million from a year ago;
analysts
expected $33.52 million. 
    * Surgepays Inc's reported EPS for the quarter was 20
cents​.
    * The company reported quarterly net income of $3.02
million.
    * Surgepays Inc shares had fallen by 2.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3% 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 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the integrated
telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Surgepays Inc is
$13.25 
This summary was machine generated from LSEG data March 12 at
10:31 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
 Dec. 31 2023      0.41           0.20           Missed
 Sep. 30 2023      0.29           0.49           Beat
 Jun. 30 2023      0.16           0.40           Beat
 Mar. 31 2023      -0.03          0.31           Beat