* Expensify Inc reported quarterly adjusted earnings of 6 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -8 cents. The mean expectation of five analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 5 cents to 7 cents per share.
* Revenue fell 3% to $35.41 million from a year ago; analysts expected $35.01 million.
* Expensify Inc's reported EPS for the quarter was a loss of 2 cents.
* The company reported a quarterly loss of $2.2 million.
* Expensify Inc shares had risen by 1.0% this quarter and lost 19.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 11.7% 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 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Expensify Inc is 2.50 This summary was machine generated from LSEG data November 8 at 05:16 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 0.06 0.06 Met
Jun. 30 2024 0.04 0.06 Beat
Mar. 31 2024 0.05 0.04 Missed
Dec. 31 2023 -0.05 0.04 Beat
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