Flywire Corp reports results for the quarter ended December 31 - Earnings Summary

• Flywire Corp FLYW.OQ reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of sixteen analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -5 cents to 3 cents per share.

• Revenue rose 12.2% to $112.80 million from a year ago; analysts expected $118.92 million.

• Flywire Corp's reported EPS for the quarter was a loss of 12 cents​.

• The company reported a quarterly loss of $15.9 million.

• Flywire Corp shares had fallen by 14.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the business support services peer group is also "buy"

Wall Street's median 12-month price target for Flywire Corp is $25.00

This summary was machine generated from LSEG data February 26 at 07:06 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)