Katapult (KPLT) to Release Quarterly Earnings on Wednesday

Katapult (NASDAQ:KPLT) is scheduled to announce its earnings results before the market opens on Wednesday, November 6th. Katapult has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link.

Katapult (NASDAQ:KPLT) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($1.61) earnings per share for the quarter, missing the consensus estimate of ($1.31) by ($0.30). The business had revenue of $58.86 million during the quarter.

Katapult Price Performance

Katapult stock opened at $8.40 on Tuesday. Katapult has a 1 year low of $8.22 and a 1 year high of $23.54. The firm’s 50 day moving average price is $10.18 and its 200-day moving average price is $14.16. The stock has a market cap of $35.03 million, a P/E ratio of -1.22 and a beta of 1.72.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Cantor Fitzgerald upgraded shares of Katapult to a “hold” rating in a report on Thursday, October 3rd. Loop Capital decreased their target price on Katapult from $20.00 to $15.00 and set a “hold” rating on the stock in a research report on Thursday, August 15th.

Katapult Company Profile

Katapult Holdings, Inc, an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce retailers.