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

Surgepays

10/08/2023 22:03

* Surgepays Inc  SURG.OQ  reported quarterly adjusted
earnings of
40 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
16 cents per share.
    * Revenue rose 28.1% to $35.89 million from a year ago;
analysts
expected $39.05 million. 
    * Surgepays Inc's reported EPS for the quarter was 40
cents​.
    * The mean earnings estimate of analysts had risen by
about 82.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Surgepays Inc shares had fallen by 25.7% this quarter and
lost 17.2% so far this year.
    * The company reported quarterly net income of $5.97
million.
    * Wall Street's median 12-month price target for Surgepays
Inc is
$12.75 
    * 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
August 10 at 09:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.16           0.40           Beat
 Mar. 31 2023      -0.03          0.31           Beat
 Dec. 31 2022      -0.11          0.25           Beat
 Sep. 30 2022      0.29           -0.12          Missed