Paysafe Ltd reports results for the quarter ended December 31 - Earnings Summary

• Paysafe Ltd PSFE.N reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of seven analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from -8 cents to 56 cents per share.

• Revenue rose 1.3% to $420.07 million from a year ago; analysts expected $429.90 million.

• Paysafe Ltd's reported EPS for the quarter was 54 cents​.

• The company reported quarterly net income of $33.51 million.

• Paysafe Ltd shares had risen by 12.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 73.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of 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 $19.50

This summary was machine generated from LSEG data March 4 at 04:43 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)