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

Upexi

14/02/2024 23:55

* Upexi Inc  UPXI.OQ  reported a quarterly adjusted loss
of 10
cents​​ per share for the quarter ended in December.  The lone
analyst forecast for the quarter was for a loss of 5 cents per
share. 
    * Revenue fell 19.4% to $21.83 million from a year ago;
analysts
expected $30.00 million. 
    * Upexi Inc's reported EPS for the quarter was a loss of 12
cents​.
    * The company reported a quarterly loss of $2.44 million.
    * Upexi Inc shares had risen by 11.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 150%
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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for Upexi Inc is
$3.00 
This summary was machine generated from LSEG data February 14 at
11:55 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      -0.05          -0.10          Missed
 Sep. 30 2023      -0.09          -0.07          Beat
 Jun. 30 2023      -0.10          -0.48          Missed