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Lightspeed Commerce Inc. (LSPD) Declines More Than Market: Some Information for Investors
LightspeedLightspeed(US:LSPD) ZACKSยท2024-10-07 23:20

Core Viewpoint - Lightspeed Commerce Inc. is expected to report significant earnings growth and revenue increase in its upcoming earnings disclosure, reflecting positive business performance and investor interest [2][3]. Financial Performance - The upcoming EPS for Lightspeed Commerce Inc. is projected at $0.10, indicating a 150% increase year-over-year [2]. - The Zacks Consensus Estimate for revenue is projected at $274.03 million, representing a 19.01% increase from the previous year [2]. - For the entire fiscal year, earnings are estimated at $0.36 per share, a 125% increase, with revenue projected at $1.1 billion, reflecting a 20.69% increase from the prior year [3]. Analyst Estimates - Recent modifications to analyst estimates for Lightspeed Commerce Inc. suggest a positive outlook, indicating analysts' confidence in the company's performance [4]. - The Zacks Rank system, which incorporates estimate changes, currently ranks Lightspeed Commerce Inc. at 3 (Hold), with no changes in the EPS estimate over the past month [6]. Valuation Metrics - Lightspeed Commerce Inc. has a Forward P/E ratio of 44.47, which is higher than the industry average of 24.62, indicating a premium valuation [7]. - The company has a PEG ratio of 1.33, compared to the Technology Services industry's average PEG ratio of 1.61, suggesting a favorable growth outlook relative to its valuation [8]. Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 65, placing it in the top 26% of over 250 industries, indicating strong performance potential [8][9].