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Lesaka Technologies (LSAK) Tops Q3 Earnings and Revenue Estimates
LesakaLesaka(US:LSAK) ZACKSยท2025-05-08 01:45

Group 1: Earnings Performance - Lesaka Technologies reported quarterly earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, compared to a loss of $0.06 per share a year ago, representing an earnings surprise of 100% [1] - The company posted revenues of $135.67 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.36%, although this is a decline from year-ago revenues of $138.19 million [2] - Over the last four quarters, Lesaka Technologies has surpassed consensus EPS estimates just once, but has topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Lesaka Technologies shares have declined approximately 21.7% since the beginning of the year, in contrast to the S&P 500's decline of 4.7% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.05 on $131 million in revenues, and $0.12 on $553.36 million in revenues for the current fiscal year [7] Group 3: Industry Context - The Technology Services industry, to which Lesaka Technologies belongs, is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]