Redeem assets (NASDAQ:RPAY) is scheduled to release its latest quarterly earnings report on Tuesday, 03/01/2022. Here’s what investors need to know ahead of the announcement.
Analysts estimate that Repay Holdings will report a earnings per share (EPS) of $0.20.
Repay Holdings bulls are hoping to hear the company announce that it not only exceeded that estimate, but also provide some positive indications or expected growth for the next quarter.
New investors should note that sometimes it’s not an earnings beat or miss that most affects a stock’s price, but direction (or forecast).
Past Earnings Performance
Last quarter, the company beat EPS by $0.03, followed by a 13.41% share price increase the next day.
Here is an overview of Repay Holdings past performance and the resulting price movement:
| Trimester | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS estimate | 0.18 | 0.14 | 0.16 | 0.11 |
| Actual EPS | 0.21 | 0.16 | 0.18 | 0.17 |
| Price change % | 13.41% | -5.67% | 4.67% | 10.47% |
Stock performance
Shares of Repay Holdings were trading at $17.45 as of Feb. 25. Over the past 52-week period, shares are down 31.12%. Since these returns are typically negative, long-term shareholders are likely upset as this earnings release approaches.
If you want to keep track of all upcoming revenue announcements, check out our revenue calendar here
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