LM Funding America Q1 2024 GAAP EPS $0.61 Beats $(0.57) Estimate, Sales $4.748M Beat $4.700M Estimate
Portfolio Pulse from Benzinga Newsdesk
LM Funding America (NASDAQ:LMFA) reported Q1 2024 earnings of $0.61 per share, significantly beating the analyst consensus estimate of $(0.57). The company also reported sales of $4.748 million, surpassing the $4.700 million estimate and marking a 105.19% increase from the same period last year.
May 16, 2024 | 1:35 pm
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LM Funding America reported Q1 2024 earnings of $0.61 per share, beating the analyst estimate of $(0.57) by 207.02%. Sales of $4.748 million also exceeded expectations, showing a 105.19% increase from the previous year.
The significant beat on both earnings and sales estimates, along with a substantial year-over-year sales increase, is likely to positively impact LMFA's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100