Benzinga | Aug 7, 2020 11:08AM EDT

Earnings Preview: FlexShopper

On Monday, August 10, FlexShopper (NASDAQ:FPAY) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Wall Street expects EPS $-0.01 and sales around $21.34 million. In the same quarter last year, FlexShopper reported EPS of $-0.05 on revenue of $20.66 million. The Wall Street estimate would represent a 80.0% increase in the company's earnings. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate -0.02 -0.12 -0.11 -0.10EPS Actual -0.06 -0.09 0.04 -0.05Revenue Estimate 23.54 M 23.13 M 20.56 M 19.83 MRevenue Actual 24.84 M 22.46 M 22.93 M 20.66 M

Stock Performance

Over the last 52-week period, shares are down 12.92%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. FlexShopper is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://78449.themediaframe.com/dataconf/productusers/fpay/mediaframe/40002/indexl.html