Paysafe (NYSE:PSFE) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Key Points

• Paysafe reported a Q2 EPS of $0.46, exceeding estimates by $0.01, but revenues fell 2.7% compared to the previous year.
• The company's updated FY 2025 guidance suggests an earnings range of $2.210 to $2.510 EPS.
• Paysafe's stock saw a 3.9% increase following the earnings report, and institutional ownership stands at 54.39%.

Paysafe (NYSE:PSFE - Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.45 by $0.01, Briefing.com reports. Paysafe had a positive return on equity of 10.41% and a negative net margin of 0.02%. During the same period in the prior year, the company earned $0.59 EPS. The business's revenue for the quarter was down 2.7% compared to the same quarter last year. Paysafe updated its FY 2025 guidance to 2.210-2.510 EPS.

Paysafe Stock Up 3.9%

PSFE opened at $11.80 on Tuesday. The firm has a 50-day simple moving average of $12.75 and a two-hundred day simple moving average of $15.01. Paysafe has a 52 week low of $10.63 and a 52 week high of $26.25. The company has a market capitalization of $706.64 million, a PE ratio of -589.95, a price-to-earnings-growth ratio of 0.32 and a beta of 1.78. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.75.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Paysafe stock. Geode Capital Management LLC boosted its holdings in shares of Paysafe Limited (NYSE:PSFE - Free Report) by 1.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 399,449 shares of the company's stock after buying an additional 7,155 shares during the quarter. Geode Capital Management LLC owned approximately 0.67% of Paysafe worth $5,041,000 as of its most recent SEC filing. 54.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Susquehanna reduced their target price on Paysafe from $17.00 to $15.00 and set a "neutral" rating on the stock in a report on Tuesday, April 22nd. Bank of America raised Paysafe from an "underperform" rating to a "neutral" rating and set a $14.30 price target on the stock in a research report on Friday, May 16th.

About Paysafe

Paysafe Limited provides end-to-end payment solutions in the United States, Germany, the United Kingdom, and internationally. Its payments platform offers a range of payment solutions comprising credit and debit card processing, digital wallet, eCash, and real-time banking solutions for entertainment verticals, such as iGaming, including online betting related to sports, e-sports, fantasy sports, poker, and other casino games, as well as travel, streaming/video gaming, retail/hospitality, and digital assets.

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