Analysts Expect Lightspeed POS Inc. (NYSE:LSPD) Will Announce Earnings of -$0.14 Per Share

Equities research analysts predict that Lightspeed POS Inc. (NYSE:LSPD – Get Rating) will report ($0.14) earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Lightspeed POS’s earnings, with the lowest EPS estimate coming in at ($0.15) and the highest estimate coming in at ($0.13). Lightspeed POS posted earnings per share of ($0.09) during the same quarter last year, which indicates a negative year over year growth rate of 55.6%. The business is expected to issue its next earnings results on Monday, January 1st.

On average, analysts expect that Lightspeed POS will report full year earnings of ($0.36) per share for the current financial year, with EPS estimates ranging from ($0.39) to ($0.33). For the next financial year, analysts anticipate that the company will post earnings of ($0.23) per share, with EPS estimates ranging from ($0.36) to ($0.13). Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that cover Lightspeed POS.

Lightspeed POS (NYSE:LSPD – Get Rating) last posted its quarterly earnings data on Wednesday, February 2nd. The company reported ($0.22) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.23) by $0.01. The company had revenue of $152.68 million for the quarter, compared to analyst estimates of $142.51 million.

LSPD has been the subject of a number of recent research reports. Morgan Stanley reduced their target price on shares of Lightspeed POS from $54.00 to $44.00 and set an “equal weight” rating for the company in a research report on Friday, January 28th. Barclays reduced their target price on shares of Lightspeed POS from $50.00 to $42.00 in a research report on Tuesday. Truist Financial reduced their target price on shares of Lightspeed POS from $75.00 to $60.00 in a research report on Friday, February 4th. Moffett Nathanson initiated coverage on shares of Lightspeed POS in a research report on Tuesday, April 5th. They issued a “buy” rating and a $40.00 target price for the company. Finally, BTIG Research reduced their target price on shares of Lightspeed POS from $112.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday, January 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $74.06.

Shares of NYSE LSPD traded up $0.52 during mid-day trading on Tuesday, reaching $25.40. The company’s stock had a trading volume of 1,023,653 shares, compared to its average volume of 1,359,548. The stock has a 50-day moving average of $27.05 and a two-hundred day moving average of $46.57. The stock has a market capitalization of $3.76 billion and a P/E ratio of -48.85. Lightspeed POS has a 1-year low of $19.48 and a 1-year high of $130.02.

About Lightspeed POS (Get Rating)

Lightspeed POS Inc provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Germany, Australia, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc.

Further Reading