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

Reuters05-17

* Katapult Holdings Inc reported a quarterly adjusted loss of 13 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $-2.25. The lone analyst forecast for the quarter was for a loss of $1.32 per share.

* Revenue rose 16.9% to $65.06 million from a year ago; analysts expected $62.44 million.

* Katapult Holdings Inc's reported EPS for the quarter was a loss of 13 cents​.

* The company reported a quarterly loss of $570 thousand.

* Katapult Holdings Inc shares had risen by 60.0% this quarter and gained 71.3% 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," 2 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for Katapult Holdings Inc is $19.00 This summary was machine generated from LSEG data May 16 at 08:59 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

Mar. 31 2024 -1.32 -0.13 Beat

Dec. 31 2023 -1.79 -4.46 Missed

Sep. 30 2023 -1.79 -0.71 Beat

Jun. 30 2023 -2.25 -1.57 Beat

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