Q1 EPS Estimates for Lesaka Technologies Cut by B. Riley

Lesaka Technologies, Inc. (NASDAQ:LSAK - Free Report) - Investment analysts at B. Riley lowered their Q1 2025 EPS estimates for shares of Lesaka Technologies in a research note issued on Monday, November 4th. B. Riley analyst R. Sharma now anticipates that the company will post earnings per share of ($0.09) for the quarter, down from their previous forecast of ($0.05). The consensus estimate for Lesaka Technologies' current full-year earnings is ($0.11) per share. B. Riley also issued estimates for Lesaka Technologies' Q2 2025 earnings at ($0.06) EPS, Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at ($0.02) EPS and FY2025 earnings at ($0.19) EPS.

Lesaka Technologies Stock Up 0.9 %

LSAK traded up $0.05 during trading hours on Wednesday, hitting $5.55. 12,497 shares of the stock were exchanged, compared to its average volume of 32,975. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.44 and a current ratio of 1.59. Lesaka Technologies has a 12 month low of $3.00 and a 12 month high of $5.60. The stock has a 50-day simple moving average of $4.94 and a 200-day simple moving average of $4.79.

Lesaka Technologies (NASDAQ:LSAK - Get Free Report) last announced its quarterly earnings data on Wednesday, September 11th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.02). Lesaka Technologies had a negative net margin of 3.09% and a negative return on equity of 9.90%. The firm had revenue of $146.05 million for the quarter, compared to analyst estimates of $149.30 million. During the same quarter in the previous year, the company earned ($0.19) EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of LSAK. Russell Investments Group Ltd. grew its position in shares of Lesaka Technologies by 3.7% during the first quarter. Russell Investments Group Ltd. now owns 87,046 shares of the company's stock worth $326,000 after acquiring an additional 3,137 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Lesaka Technologies by 8.8% during the second quarter. Renaissance Technologies LLC now owns 182,100 shares of the company's stock worth $852,000 after buying an additional 14,700 shares during the period. Rathbones Group PLC grew its holdings in Lesaka Technologies by 100.0% in the 2nd quarter. Rathbones Group PLC now owns 1,272,332 shares of the company's stock worth $5,955,000 after buying an additional 636,166 shares in the last quarter. Finally, Hosking Partners LLP increased its position in Lesaka Technologies by 58.8% in the 2nd quarter. Hosking Partners LLP now owns 2,607,388 shares of the company's stock valued at $12,203,000 after acquiring an additional 965,576 shares during the period. 24.19% of the stock is owned by institutional investors and hedge funds.

About Lesaka Technologies

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.