Earnings Beat: Paysign, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Simply Wall St.11-08

Paysign, Inc. (NASDAQ:PAYS) just released its third-quarter report and things are looking bullish. The company beat forecasts, with revenue of US$15m, some 2.9% above estimates, and statutory earnings...

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The company beat forecasts, with revenue of US$15m, some 2.9% above estimates, and statutory earnings...</p>\n\n<a href=\"https://finance.yahoo.com/news/earnings-beat-paysign-inc-just-104416433.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Earnings Beat: Paysign, Inc. 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Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-08 18:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/earnings-beat-paysign-inc-just-104416433.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Paysign, Inc. (NASDAQ:PAYS) just released its third-quarter report and things are looking bullish. The company beat forecasts, with revenue of US$15m, some 2.9% above estimates, and statutory earnings...</p>\n\n<a href=\"https://finance.yahoo.com/news/earnings-beat-paysign-inc-just-104416433.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/earnings-beat-paysign-inc-just-104416433.html","article_id":"2481176004","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/KBUCiHZfz4dSjI0OMNVwSA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/deae7123c305ae121db80b585a5fb9dd"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481176004","pubTimestamp":1731062656,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Paysign, Inc.  just released its third-quarter report and things are looking bullish. The company beat forecasts, with revenue of US$15m, some 2.9% above estimates, and statutory earnings per share  coming in at US$0.03, 200% ahead of expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Paysign following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"盈利超出预期：Paysign，Inc.刚刚超出分析师预期，分析师一直在更新他们的模型","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PAYS":0.9},"content_text":"Paysign, Inc. (NASDAQ:PAYS) just released its third-quarter report and things are looking bullish. The company beat forecasts, with revenue of US$15m, some 2.9% above estimates, and statutory earnings per share (EPS) coming in at US$0.03, 200% ahead of expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. \n View our latest analysis for Paysign \n\n\n\n  NasdaqCM:PAYS Earnings and Revenue Growth November 8th 2024\n \n\n Taking into account the latest results, the most recent consensus for Paysign from four analysts is for revenues of US$65.9m in 2025. If met, it would imply a meaningful 17% increase on its revenue over the past 12 months. Statutory earnings per share are expected to plunge 40% to US$0.09 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$65.8m and earnings per share (EPS) of US$0.083 in 2025. So the consensus seems to have become somewhat more optimistic on Paysign's earnings potential following these results. \n The consensus price target rose 11% to US$6.81, suggesting that higher earnings estimates flow through to the stock's valuation as well. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Paysign at US$7.25 per share, while the most bearish prices it at US$6.00. This is a very narrow spread of estimates, implying either that Paysign is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions. \n Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 13% growth on an annualised basis. That is in line with its 14% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 4.0% annually. So although Paysign is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry. \nThe Bottom Line \n The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Paysign following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving. \n With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Paysign going out to 2026, and you can see them free on our platform here.. \n However, before you get too enthused, we've discovered 2 warning signs for Paysign (1 is a bit unpleasant!) that you should be aware of. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481176004"}