Repay Holdings Corp reports results for the quarter ended June 30 - Earnings Summary

• Repay Holdings Corp RPAY.OQ reported quarterly adjusted earnings of 20 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 22 cents. The mean expectation of nine analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 18 cents to 22 cents per share.

• Revenue rose 1% to $75.63 million from a year ago; analysts expected $73.57 million.

• Repay Holdings Corp's reported EPS for the quarter was a loss of $1.15​.

• The company reported a quarterly loss of $102.25 million.

• Repay Holdings Corp shares had risen by 6.8% this quarter and lost 32.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.5% 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 "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "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 Repay Holdings Corp is $7.00, about 26.4% above its last closing price of $5.15

This summary was machine generated from LSEG data August 11 at 09:00 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)