LM Funding America (LMFA) Scheduled to Post Earnings on Wednesday

LM Funding America (NASDAQ:LMFA) is set to post its quarterly earnings results before the market opens on Wednesday, November 13th. Analysts expect the company to announce earnings of ($1.25) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

LM Funding America (NASDAQ:LMFA) last released its quarterly earnings results on Wednesday, August 14th. The financial services provider reported ($1.65) earnings per share for the quarter, missing the consensus estimate of ($0.85) by ($0.80). LM Funding America had a negative return on equity of 34.88% and a negative net margin of 69.53%. The company had revenue of $3.01 million for the quarter, compared to analyst estimates of $3.10 million. On average, analysts expect LM Funding America to post $-4 EPS for the current fiscal year and $-4 EPS for the next fiscal year.

LM Funding America Stock Up 12.5 %

LMFA opened at $3.51 on Tuesday. LM Funding America has a twelve month low of $1.63 and a twelve month high of $6.11. The company has a 50-day moving average price of $2.68 and a 200 day moving average price of $3.29. The company has a market cap of $9.86 million, a PE ratio of -0.81 and a beta of 1.35.

Analyst Upgrades and Downgrades

Separately, HC Wainwright restated a “neutral” rating on shares of LM Funding America in a research report on Thursday, August 15th.

LM Funding America Company Profile

LM Funding America, Inc operates as a cryptocurrency mining and specialty finance company. It operates through two segments, Specialty Finance and Mining Operations. The company also engages in Bitcoin mining operations; and provides funding to nonprofit community associations. The company was founded in 2008 and is based in Tampa, Florida.