Usio Inc reports results for the quarter ended in September 30 - Earnings Summary

Usio

07/11/2024 04:28

* Usio Inc  USIO.OQ  reported quarterly adjusted earnings of
10
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -4 cents.  The mean expectation of four analysts for the
quarter was for earnings of one cent per share. Wall Street
expected results to range from zero cents to 4 cents per share.
    * Revenue rose 3.9% to $21.32 million from a year ago;
analysts
expected $21.38 million. 
    * Usio Inc's reported EPS for the quarter was 10 cents​.
    * The company reported quarterly net income of $2.85
million.
    * Usio Inc shares had fallen by 0.7% this quarter and
lost 21.5%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 60%
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 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for Usio Inc is $6.00
This summary was machine generated from LSEG data November 7 at
04:28 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
 Sep. 30 2024      0.01           0.10           Beat
 Jun. 30 2024      -0.01          0.00           Beat
 Mar. 31 2024      0.01           -0.01          Missed
 Dec. 31 2023      0.00           0.00           Met