* Usio Inc reported quarterly adjusted earnings of 10 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of four analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from zero cents to 4 cents per share.
* Revenue rose 3.9% to $21.32 million from a year ago; analysts expected $21.38 million.
* Usio Inc's reported EPS for the quarter was 10 cents.
* The company reported quarterly net income of $2.85 million.
* Usio Inc shares had fallen by 0.7% this quarter and lost 21.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 60% 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 November 7 at 04:28 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 0.10 Beat
Jun. 30 2024 -0.01 0.00 Beat
Mar. 31 2024 0.01 -0.01 Missed
Dec. 31 2023 0.00 0.00 Met
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