* Usio Inc reported quarterly breakeven results per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of four analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents to 1 cents per share.
* Revenue fell 5.6% to $20.08 million from a year ago; analysts expected $19.91 million.
* Usio Inc's reported EPS for the quarter was breakeven results.
* The company reported quarterly net income of $75 thousand.
* Usio Inc shares had fallen by 3.0% this quarter and lost 13.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 137.5% 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 August 15 at 04:25 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
Jan. 1 0001 -0.01 0.00 Beat
Mar. 31 2024 0.01 -0.01 Missed
Dec. 31 2023 0.00 0.00 Met
Sep. 30 2023 0.00 -0.04 Missed
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