Lesaka Technologies (NASDAQ:LSAK) Updates Q1 2027 Earnings Guidance

by · The Markets Daily

Lesaka Technologies (NASDAQ:LSAK – Get Free Report) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.024-0.036 for the period, compared to the consensus earnings per share estimate of 0.020. The company issued revenue guidance of $95.8 million-$100.7 million. Lesaka Technologies also updated its FY 2027 guidance to 0.455-0.515 EPS.

Lesaka Technologies Price Performance

Shares of LSAK traded up $0.07 during mid-day trading on Wednesday, reaching $4.59. The stock had a trading volume of 132,693 shares, compared to its average volume of 115,615. The firm has a market cap of $393.81 million, a price-to-earnings ratio of -13.11 and a beta of 0.33. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.44 and a current ratio of 1.54. The business has a fifty day moving average of $4.70 and a 200 day moving average of $4.79. Lesaka Technologies has a 12 month low of $3.62 and a 12 month high of $5.54.

Lesaka Technologies (NASDAQ:LSAK – Get Free Report) last posted its quarterly earnings results on Wednesday, September 9th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.06. Lesaka Technologies had a negative return on equity of 15.95% and a negative net margin of 4.11%.The business had revenue of $98.50 million for the quarter, compared to analysts’ expectations of $98.78 million. Lesaka Technologies has set its FY 2027 guidance at 0.455-0.515 EPS and its Q1 2027 guidance at 0.024-0.036 EPS. Equities analysts predict that Lesaka Technologies will post 0.03 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on LSAK shares. Weiss Ratings cut shares of Lesaka Technologies from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, September 2nd. Wall Street Zen lowered Lesaka Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Check Out Our Latest Analysis on Lesaka Technologies

Hedge Funds Weigh In On Lesaka Technologies

Hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC grew its stake in Lesaka Technologies by 13,359.8% in the 4th quarter. Barclays PLC now owns 141,866 shares of the company’s stock worth $677,000 after acquiring an additional 140,812 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of Lesaka Technologies by 26.4% in the 3rd quarter. Citadel Advisors LLC now owns 18,977 shares of the company’s stock worth $79,000 after purchasing an additional 3,959 shares during the period. Finally, Susquehanna International Group LLP purchased a new stake in Lesaka Technologies during the third quarter worth $74,000. 24.19% of the stock is currently owned by institutional investors.

About Lesaka Technologies

(Get Free Report)

Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services.

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