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On Monday, August 10, FlexShopper (NASDAQ:FPAY) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
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Wall Street expects EPS $-0.01 and sales around $21.34 million. In the same quarter last year, FlexShopper reported EPS of $-0.05 on revenue of $20.66 million. The Wall Street estimate would represent a 80.0% increase in the company's earnings. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.02 | -0.12 | -0.11 | -0.10 |
| EPS Actual | -0.06 | -0.09 | 0.04 | -0.05 |
| Revenue Estimate | 23.54 M | 23.13 M | 20.56 M | 19.83 M |
| Revenue Actual | 24.84 M | 22.46 M | 22.93 M | 20.66 M |
Stock Performance
Over the last 52-week period, shares are down 12.92%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. FlexShopper is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://78449.themediaframe.com/dataconf/productusers/fpay/mediaframe/40002/indexl.html
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.