Paltalk Inc expected to post a loss of 8 cents a share - Earnings Preview

Reuters

Aug 02, 2024

* Paltalk Inc is expected to show a fall in quarterly revenue when it reports results on August 6 (estimated) for the period ending June 30 2024

* The Jericho New York-based company is expected to report a 10.0% decrease in revenue to $2.66 million from $2.96 million a year ago, according to the estimate from one analyst, based on LSEG data.

* LSEG's mean analyst estimate for Paltalk Inc is for a loss of 8 cents per share.

* The one available analyst rating on the shares is "buy".

* The mean earnings estimate of analysts was unchanged in the last three months.

* Wall Street's median 12-month price target for Paltalk Inc is $4.50, above its last closing price of $4.35.

This summary was machine generated August 2 at 11:30 GMT. 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)

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All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. 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