LM Funding America Inc reports results for the quarter - Earnings Summary

• LM Funding America Inc LMFA.OQ reported a quarterly adjusted loss of $1.77​​ per share for the quarter . The lone analyst forecast for the quarter was for a loss of $1.25 per share.

• Revenue fell 64.3% to $1.26 million from a year ago; analysts expected $1.80 million.

• LM Funding America Inc's reported EPS for the quarter was a loss of $2.41​.

• The company reported a quarterly loss of $6.4 million.

• LM Funding America Inc shares had risen by 27.8% this quarter and lost 8.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.8% 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 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the blockchain & cryptocurrency peer group is "hold."

Wall Street's median 12-month price target for LM Funding America Inc is 6.00

This summary was machine generated from LSEG data November 13 at 03:16 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)