LM Funding America Q1 2024 Adj EPS $0.61 Beats $(0.57) Estimate, Sales $4.75M Beat $4.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
LM Funding America (NASDAQ:LMFA) reported Q1 2024 adjusted EPS of $0.61, significantly beating the analyst estimate of $(0.57). The company also reported sales of $4.75 million, surpassing the $4.70 million estimate and marking a 105.14% increase from the same period last year.
May 16, 2024 | 12:34 pm
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LM Funding America reported a strong Q1 2024 with EPS of $0.61, beating estimates by 207.02%, and sales of $4.75 million, exceeding expectations and showing significant year-over-year growth.
The significant beat on both EPS and sales, along with substantial year-over-year growth, is likely to positively impact LMFA's stock price in the short term.
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