LM Funding America Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
31 Mar
LM Funding America Inc reports results for the quarter ended December 31 - Earnings Summary
  • LM Funding America Inc LMFA.OQ reported a quarterly adjusted loss of 86 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -67 cents. The mean expectation of two analysts for the quarter was for a loss of $1.67 per share. Wall Street expected results to range from $-1.78 to $-1.56 per share.

  • Revenue fell 38.7% to $1.99 million from a year ago; analysts expected $1.50 million.

  • LM Funding America Inc's reported EPS for the quarter was a loss of 86 cents​.

  • The company reported a quarterly loss of $3.13 million.

  • LM Funding America Inc shares had fallen by 38.1% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged 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."

This summary was machine generated from LSEG data March 31 at 01:31 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 2024

-1.67

-0.86

Beat

Sep. 30 2024

-1.25

-1.77

Missed

Jun. 30 2024

-0.85

-2.44

Missed

Mar. 31 2024

-0.57

0.61

Beat

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