![]() ![]() was incorporated in 2005 and is headquartered in Montreal, Canada. and changed its name to Lightspeed Commerce Inc. The company was formerly known as Lightspeed POS Inc. In addition, it sells POS peripheral hardware, including tablets, customer facing displays, receipt printers, networking hardware, cash drawers, payment terminals, servers, stands, bar-code scanners, and an assortment of accessories, as well as provides installation and implementation services. The company also offers tailored financial solutions, such as Lightspeed Analytics Lightspeed Payments and Lightspeed Capital, a merchant cash advance program. Its platform functionalities include full omni-channel capabilities, point of sale (POS), product and menu management, employee and inventory management, analytics and reporting, multi-location connectivity, order-ahead and curbside pickup functionality, loyalty, and customer management solutions. During the last trading day the stock fluctuated 3.90 from a day low at 16.42 to a day high of 17.06. The company's cloud platforms are designed interrelated elements, such as omni-channel consumer experience, a comprehensive back-office operations management suite to improve customers' efficiency and insight, and the facilitation of payments. stock price fell by -2.74 on the last day (Friday, 10th Feb 2023) from 17.13 to 16.66. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc. provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Australia, the Netherlands, and internationally. To read this article on click here.Lightspeed Commerce Inc. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. ![]() However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Appears a compelling earnings-beat candidate. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Over the last four quarters, the company has beaten consensus EPS estimates just once.Īn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Would post a loss of $0.20 per share when it actually produced a loss of $0.06, delivering a surprise of +70%. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.įor the last reported quarter, it was expected that Lightspeed POS Inc. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. Will most likely beat the consensus EPS estimate.ĭoes Earnings Surprise History Hold Any Clue? So, this combination indicates that Lightspeed POS Inc. On the other hand, the stock currently carries a Zacks Rank of #3. This has resulted in an Earnings ESP of +40.95%. How Have the Numbers Shaped Up for Lightspeed POS Inc.įor Lightspeed POS Inc.The Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. However, the model's predictive power is significant for positive ESP readings only.Ī positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. ![]()
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