$0.02 Earnings Per Share Expected for Points International Ltd. (NASDAQ:PCOM) This Quarter

Brokerages predict that Points International Ltd. (NASDAQ:PCOM) (TSE:PTS) will announce earnings of $0.02 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Points International’s earnings, with the highest EPS estimate coming in at $0.03 and the lowest estimate coming in at $0.01. Points International posted earnings per share of ($0.05) in the same quarter last year, which suggests a positive year over year growth rate of 140%. The business is expected to announce its next quarterly earnings results on Wednesday, March 2nd.

On average, analysts expect that Points International will report full-year earnings of ($0.11) per share for the current financial year, with EPS estimates ranging from ($0.12) to ($0.10). For the next fiscal year, analysts anticipate that the company will post earnings of $0.30 per share, with EPS estimates ranging from $0.16 to $0.44. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Points International.

Points International (NASDAQ:PCOM) (TSE:PTS) last released its quarterly earnings data on Wednesday, November 10th. The information services provider reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.12). Points International had a negative net margin of 0.82% and a negative return on equity of 4.32%. The firm had revenue of $86.87 million during the quarter, compared to analysts’ expectations of $92.70 million. During the same period in the previous year, the business earned ($0.19) earnings per share.

Separately, Zacks Investment Research downgraded Points International from a “buy” rating to a “sell” rating in a research report on Wednesday, October 20th. One research analyst has rated the stock with a sell rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $20.75.

An institutional investor recently raised its position in Points International stock. QV Investors Inc. boosted its position in Points International Ltd. (NASDAQ:PCOM) (TSE:PTS) by 0.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 996,966 shares of the information services provider’s stock after purchasing an additional 8,774 shares during the period. Points International makes up about 1.3% of QV Investors Inc.’s portfolio, making the stock its 26th largest holding. QV Investors Inc. owned 6.67% of Points International worth $17,054,000 at the end of the most recent reporting period. 56.41% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ PCOM traded down $0.01 during mid-day trading on Friday, hitting $14.99. The stock had a trading volume of 800 shares, compared to its average volume of 20,560. Points International has a 52-week low of $13.18 and a 52-week high of $18.90. The company has a 50 day simple moving average of $16.41 and a 200 day simple moving average of $16.96.

About Points International

Points International Ltd. engages in the provision of ecommerce and technology solutions. It operates through the following segments: Loyalty Currency Retailing, Platform Partners, and Points Travel. The Loyalty Currency Retailing segment offers products and services designed to help loyalty program members unlock the value of loyalty currency and accelerate the time to a reward.

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