Happen, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Happen, Inc. reported quarterly adjusted earnings of 50 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 37 cents. The mean expectation of eight analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 43 cents to 47 cents per share.

• Revenue fell 1.2% to $263.16 million from a year ago; analysts expected $273.48 million.

• Happen, Inc.'s reported EPS for the quarter was 50 cents​.

• The company reported quarterly net income of $59.28 million.

• Happen, Inc. shares had fallen by 3.1% this quarter and lost 24.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is also "buy"

• Wall Street's median 12-month price target for Happen, Inc. is $25.00, about 42.7% above its last closing price of $14.32

This summary was machine generated from LSEG data October 28 at 09:02 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)