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

• Lesaka Technologies Inc LSAK.OQ reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of two analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -5 cents to -3 cents per share.

• Revenue rose 6.9% to $145.55 million from a year ago; analysts expected $144.67 million.

• Lesaka Technologies Inc's reported EPS for the quarter was a loss of 7 cents​.

• The company reported a quarterly loss of $4.54 million.

• Lesaka Technologies Inc shares had risen by 11.0% this quarter and gained 71.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.1% 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 2 "strong buy" or "buy," no "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 Lesaka Technologies Inc is $8.00

This summary was machine generated from LSEG data November 7 at 02:16 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)