Paymentus Holdings Inc PAY.N reported quarterly adjusted earnings of 11 cents per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of eight analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 4 cents to 9 cents per share.
Revenue rose 24.7% to $164.80 million from a year ago; analysts expected $157.42 million.
Paymentus Holdings Inc's reported EPS for the quarter was 7 cents.
The company reported quarterly income of $9.4 million.
Paymentus Holdings Inc shares had fallen by 8.5% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 5.7% in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and "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 Paymentus Holdings Inc is $19.00
This summary was machine generated from LSEG data March 5 at 11:45 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)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Dec. 31 2023 |
0.07 |
0.11 |
Beat |
Sep. 30 2023 |
0.04 |
0.09 |
Beat |
Jun. 30 2023 |
0.01 |
0.08 |
Beat |
Mar. 31 2023 |
0.00 |
0.02 |
Beat |