* Paysign Inc 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 three analysts for the quarter was for earnings of one cent per share.
* Revenue rose 23% to $15.26 million from a year ago; analysts expected $14.82 million.
* Paysign Inc's reported EPS for the quarter was 3 cents.
* The company reported quarterly net income of $1.44 million.
* Paysign Inc shares had fallen by 0.3% this quarter and gained 30.7% 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 "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for Paysign Inc is 7.00 This summary was machine generated from LSEG data November 6 at 04:44 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
Sep. 30 2024 0.01 0.03 Beat
Jun. 30 2024 0.01 0.01 Met
Mar. 31 2024 0.00 0.01 Beat
Dec. 31 2023 0.02 0.03 Beat
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