Lesaka Technologies (NASDAQ:LSAK – Get Free Report) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.455-0.515 for the period, compared to the consensus estimate of 0.410. The company issued revenue guidance of $424.5 million-$466.9 million, compared to the consensus revenue estimate of $707.4 million. Lesaka Technologies also updated its Q1 2027 guidance to 0.024-0.036 EPS.
Lesaka Technologies Stock Up 1.5%
Shares of NASDAQ LSAK traded up $0.07 during mid-day trading on Wednesday, hitting $4.59. The company had a trading volume of 132,693 shares, compared to its average volume of 115,615. The firm has a 50-day simple moving average of $4.70 and a two-hundred day simple moving average of $4.79. Lesaka Technologies has a one year low of $3.62 and a one year high of $5.54. The company has a current ratio of 1.54, a quick ratio of 1.44 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $393.81 million, a PE ratio of -13.11 and a beta of 0.33.
Lesaka Technologies (NASDAQ:LSAK – Get Free Report) last released its quarterly earnings data on Wednesday, September 9th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.09 by $0.06. The company had revenue of $98.50 million during the quarter, compared to the consensus estimate of $98.78 million. Lesaka Technologies had a negative return on equity of 15.95% and a negative net margin of 4.11%.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. On average, equities analysts expect that Lesaka Technologies will post 0.03 EPS for the current year.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Report on LSAK
Institutional Trading of Lesaka Technologies
Several hedge funds and other institutional investors have recently modified their holdings of LSAK. Citadel Advisors LLC lifted its holdings in shares of Lesaka Technologies by 26.4% during the third quarter. Citadel Advisors LLC now owns 18,977 shares of the company’s stock worth $79,000 after buying an additional 3,959 shares in the last quarter. Susquehanna International Group LLP bought a new position in Lesaka Technologies in the third quarter valued at approximately $74,000. Finally, Barclays PLC lifted its stake in Lesaka Technologies by 13,359.8% during the fourth quarter. Barclays PLC now owns 141,866 shares of the company’s stock worth $677,000 after purchasing an additional 140,812 shares during the last quarter. Institutional investors own 24.19% of the company’s stock.
Lesaka Technologies Company Profile
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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