Insights Ahead: LM Funding America's Quarterly Earnings

LM Funding America LMFA is gearing up to announce its quarterly earnings on Wednesday, 2024-11-13. Here's a quick overview of what investors should know before the release.

Analysts are estimating that LM Funding America will report an earnings per share (EPS) of $-1.25.

LM Funding America bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Overview of Past Earnings

Last quarter the company missed EPS by $1.59, which was followed by a 3.53% increase in the share price the next day.

Here's a look at LM Funding America's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.85 -0.57
EPS Actual -2.44 0.61 -0.67 -1.98
Price Change % 4.0% -4.0% -6.0% -2.0%

To track all earnings releases for LM Funding America visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-EP
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!