Katapult Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

• Katapult Holdings Inc KPLT.OQ reported a quarterly adjusted loss of $1.18​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.61. The lone analyst forecast for the quarter was for a loss of $1.13 per share.

• Revenue rose 23.5% to $71.89 million from a year ago; analysts expected $70.45 million.

• Katapult Holdings Inc's reported EPS for the quarter was a loss of $1.63​.

• The company reported a quarterly loss of $7.84 million.

• Katapult Holdings Inc shares had risen by 57.4% this quarter and gained 86.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 21.6% 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 $8.00, about 57.6% below its last closing price of $12.61

This summary was machine generated from LSEG data August 13 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)