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The company’s earnings surprise history has been impressive. Earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once, delivering an average surprise of 190.5%.
The Zacks Consensus Estimate for earnings in the to-be-reported quarter is pegged at 54 cents per share, indicating a 10% decline from the year-ago reported figure. The company’s bottom line in the quarter is expected to have been negatively impacted by the Russia-Ukraine war and the rise in expenses, offsetting the positive impacts of segmental revenue growth.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for Paysafe Limited this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Paysafe Limited has an Earnings ESP of 0.00% and a Zacks Rank #1.
Recent Earnings Snapshots of Some Service Providers
Omnicom (OMC - Free Report) reported mixed second-quarter 2023 results, wherein the company’s earnings surpassed the Zacks Consensus Estimate but revenues missed the same.
OMC’s earnings of $1.81 per share beat the consensus estimate by 0.6% and increased 7.7% year over year. Total revenues of $3.6 billion lagged the consensus estimate by 0.3% but increased 1.2% year over year.
Equifax (EFX - Free Report) reported mixed second-quarter 2023 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same.
EFX’s adjusted earnings came in at $1.71 per share, beating the consensus mark by 2.4% but declining 18.2% from the year-ago figure. Total revenues of $1.32 billion missed the consensus estimate by 0.4% but matched the year-ago figure on a reported basis.
Interpublic’s (IPG - Free Report) second-quarter 2023 earnings surpassed the Zacks Consensus Estimate while revenues missed the same.
IPG’s adjusted earnings came in at 74 cents per share, beating the Zacks Consensus Estimate by 23.3% but declining 17.5% on a year-over-year basis. Net revenues of $2.33 billion missed the consensus estimate by 2.9% and decreased 14.9% on a year-over-year basis. Total revenues of $2.67 billion decreased 2.6% year over year.
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Paysafe Limited (PSFE) to Post Q2 Earnings: What's in Store?
Paysafe Limited (PSFE - Free Report) is slated to report its second-quarter 2023 results on Aug 15, before the bell.
The company’s earnings surprise history has been impressive. Earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once, delivering an average surprise of 190.5%.
Paysafe Limited Price and EPS Surprise
Paysafe Limited price-eps-surprise | Paysafe Limited Quote
Q2 Expectations
The Zacks Consensus Estimate for earnings in the to-be-reported quarter is pegged at 54 cents per share, indicating a 10% decline from the year-ago reported figure. The company’s bottom line in the quarter is expected to have been negatively impacted by the Russia-Ukraine war and the rise in expenses, offsetting the positive impacts of segmental revenue growth.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for Paysafe Limited this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Paysafe Limited has an Earnings ESP of 0.00% and a Zacks Rank #1.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Recent Earnings Snapshots of Some Service Providers
Omnicom (OMC - Free Report) reported mixed second-quarter 2023 results, wherein the company’s earnings surpassed the Zacks Consensus Estimate but revenues missed the same.
OMC’s earnings of $1.81 per share beat the consensus estimate by 0.6% and increased 7.7% year over year. Total revenues of $3.6 billion lagged the consensus estimate by 0.3% but increased 1.2% year over year.
Equifax (EFX - Free Report) reported mixed second-quarter 2023 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same.
EFX’s adjusted earnings came in at $1.71 per share, beating the consensus mark by 2.4% but declining 18.2% from the year-ago figure. Total revenues of $1.32 billion missed the consensus estimate by 0.4% but matched the year-ago figure on a reported basis.
Interpublic’s (IPG - Free Report) second-quarter 2023 earnings surpassed the Zacks Consensus Estimate while revenues missed the same.
IPG’s adjusted earnings came in at 74 cents per share, beating the Zacks Consensus Estimate by 23.3% but declining 17.5% on a year-over-year basis. Net revenues of $2.33 billion missed the consensus estimate by 2.9% and decreased 14.9% on a year-over-year basis. Total revenues of $2.67 billion decreased 2.6% year over year.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.