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

Upexi

09/07/2024 12:55

* Upexi Inc  UPXI.OQ  reported a quarterly adjusted loss
of 20
cents​​ per share for the quarter ended in March.  The lone
analyst forecast for the quarter was for a loss of 10 cents per
share. 
    * Revenue fell 40.4% to $14.44 million from a year ago;
analysts
expected $22.00 million. 
    * Upexi Inc's reported EPS for the quarter was a loss of 20
cents​.
    * The company reported a quarterly loss of $4.12 million.
    * Upexi Inc shares had risen by 8.0% this quarter and
lost 66.4%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "hold"

Wall Street's median 12-month price target for Upexi Inc is
$1.25 
This summary was machine generated from LSEG data July 9 at
11:55 a.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
 Mar. 31 2024      -0.10          -0.20          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