PSQ (NYSE:PSQH) Posts Earnings Results, Misses Expectations By $0.06 EPS

PSQ (NYSE:PSQH - Get Free Report) announced its earnings results on Thursday. The company reported ($0.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.06), Zacks reports. The business had revenue of $7.21 million for the quarter, compared to analysts' expectations of $7.47 million. PSQ had a negative return on equity of 404.92% and a negative net margin of 227.52%.

PSQ Stock Down 3.0 %

Shares of PSQH stock traded down $0.09 during trading hours on Wednesday, hitting $2.77. 465,440 shares of the company were exchanged, compared to its average volume of 1,320,121. The company has a debt-to-equity ratio of 6.46, a quick ratio of 1.72 and a current ratio of 1.90. The stock has a market capitalization of $96.12 million, a price-to-earnings ratio of -2.19 and a beta of -0.21. PSQ has a one year low of $2.00 and a one year high of $7.77. The business's 50-day simple moving average is $3.50 and its two-hundred day simple moving average is $3.23.

Analyst Upgrades and Downgrades

Separately, Maxim Group began coverage on shares of PSQ in a research report on Wednesday, January 15th. They set a "buy" rating and a $8.00 price target for the company.

About PSQ

PSQ Holdings, Inc, together with its subsidiaries, operates an online marketplace through advertising and eCommerce in the United States. It operates through two segments, Marketplace and Brands segments. The PSQ platform is accessible through its mobile application and website. The company also sells diapers and wipes to mothers online under the EveryLife brand name.