Katapult Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• Katapult Holdings Inc KPLT.OQ reported a quarterly adjusted loss of $1.02​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -13 cents. The lone analyst forecast for the quarter was for a loss of $1.11 per share.

• Revenue rose 10.6% to $71.95 million from a year ago; analysts expected $71.80 million.

• Katapult Holdings Inc's reported EPS for the quarter was a loss of $1.23​.

• The company reported a quarterly loss of $5.69 million.

• Katapult Holdings Inc shares had fallen by 34.4% this quarter and lost 0.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 5,450% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is "buy."

• Wall Street's median 12-month price target for Katapult Holdings Inc is $11.50

This summary was machine generated from LSEG data May 15 at 01:31 p.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)