Paysafe Ltd reports results for the quarter - Earnings Summary

• Paysafe Ltd PSFE.N reported a quarterly adjusted loss of 21 cents​​ per share for the quarter , lower than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of seven analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -4 cents to 5 cents per share.

• Revenue rose 7.7% to $427.10 million from a year ago; analysts expected $423.10 million.

• Paysafe Ltd's reported EPS for the quarter was a loss of 21 cents​.

• The company reported a quarterly loss of $12.98 million.

• Paysafe Ltd shares had risen by 13.6% this quarter and gained 99.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 70.4% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the financial technology (fintech) peer group is also "hold"

Wall Street's median 12-month price target for Paysafe Ltd is 22.50

This summary was machine generated from LSEG data November 13 at 03:25 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)