WM Technology Inc reports results for the quarter ended September 30 - Earnings Summary

WM Technology

13/11/2024 14:25

* WM Technology Inc  MAPS.OQ  reported quarterly adjusted
earnings
of 3 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of -2 cents.  The mean expectation of two analysts
for the quarter was for earnings of 3 cents per share. Wall
Street expected results to range from 2 cents to 4 cents per
share.
    * Revenue fell 2.5% to $46.55 million from a year ago;
analysts
expected $44.45 million. 
    * WM Technology Inc's reported EPS for the quarter was 3
cents​.
    * The company reported quarterly net income of $3.33
million.
    * WM Technology Inc shares had fallen by 17.7% this
quarter and
lost 0.6% 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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is  "hold."

This summary was machine generated from LSEG data November 13 at
02:25 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
 Sep. 30 2024      0.03           0.03           Met
 Jun. 30 2024      0.02           0.01           Missed
 Mar. 31 2024      0.01           0.01           Met
 Dec. 31 2023      0.01           -0.08          Missed