Tingo Group Inc expected to post earnings of 28  cents a share - Earnings Preview

Tingo

12/05/2023 14:51

* Tingo Group Inc  TIO.OQ   TIO.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 15. 
    * The Montvale New Jersey-based  company is expected to
report  a
3,925.9% increase in revenue to $385 million from $9.56 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Tingo Group Inc is
for
earnings of 28 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for the financial
technology (fintech) peer group is also "Buy".​
    * Wall Street's median 12-month price target for Tingo Group
Inc
is $6.25​, above​ its last closing price of $2.90. ​​​

This summary was machine generated May 12 at 13:51 GMT.  All
figures in US dollars  unless otherwise stated