Lesaka Technologies Inc reports results for the quarter ended September 30 - Earnings Summary

• Lesaka Technologies Inc reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -5 cents. The lone analyst forecast for the quarter was for earnings of 3 cents per share.

• Revenue rose 7.7% to $184.57 million from a year ago; analysts expected $182.00 million.

• Lesaka Technologies Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $4.18 million.

• Lesaka Technologies Inc shares had fallen by 7.6% this quarter and lost 16.1% so far this year.

FORECAST CHANGES

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the financial technology (fintech) peer group is also "buy"

• Wall Street's median 12-month price target for Lesaka Technologies Inc is $7.56, about 47.1% above its last closing price of $4.00

This summary was machine generated from LSEG data November 4 at 10:47 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)