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Exploring Analyst Estimates for Lightspeed POS (LSPD) Q2 Earnings, Beyond Revenue and EPS

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In its upcoming report, Lightspeed Commerce Inc. (LSPD - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.16 per share, reflecting no change compared to the same period last year. Revenues are forecasted to be $320.75 million, representing a year-over-year increase of 0.6%.

The consensus EPS estimate for the quarter has been revised 5.6% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

Bearing this in mind, let's now explore the average estimates of specific Lightspeed POS metrics that are commonly monitored and projected by Wall Street analysts.

Analysts' assessment points toward 'Revenues- Subscription' reaching $96.56 million. The estimate points to a change of +3.2% from the year-ago quarter.

Analysts expect 'Revenues- Hardware and other' to come in at $10.61 million. The estimate indicates a year-over-year change of +9.9%.

The collective assessment of analysts points to an estimated 'Revenues- Transaction-based' of $214.69 million. The estimate suggests a change of -0.5% year over year.

Based on the collective assessment of analysts, 'Customer Locations' should arrive at 146,650 . Compared to the present estimate, the company reported 146,000 in the same quarter last year.

View all Key Company Metrics for Lightspeed POS here>>>

Lightspeed POS shares have witnessed a change of +10.7% in the past month, in contrast to the Zacks S&P 500 composite's -0.9% move. With a Zacks Rank #4 (Sell), LSPD is expected underperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

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