Q3 2024 EPS Estimates for LM Funding America, Inc. Increased by HC Wainwright (NASDAQ:LMFA)

LM Funding America, Inc. (NASDAQ:LMFA) – Research analysts at HC Wainwright boosted their Q3 2024 earnings estimates for shares of LM Funding America in a research report issued on Thursday, August 15th. HC Wainwright analyst K. Dede now anticipates that the financial services provider will earn ($1.25) per share for the quarter, up from their previous forecast of ($1.30). HC Wainwright has a “Neutral” rating on the stock. The consensus estimate for LM Funding America’s current full-year earnings is ($3.30) per share. HC Wainwright also issued estimates for LM Funding America’s Q4 2024 earnings at ($1.31) EPS and FY2024 earnings at ($4.45) EPS.

LM Funding America (NASDAQ:LMFA) last announced its earnings results on Thursday, May 16th. The financial services provider reported ($0.84) EPS for the quarter, missing the consensus estimate of ($0.57) by ($0.27). LM Funding America had a negative return on equity of 24.61% and a negative net margin of 58.81%. The business had revenue of $4.75 million for the quarter, compared to the consensus estimate of $4.80 million.

LM Funding America Trading Up 2.4 %

Shares of LMFA opened at $3.00 on Monday. LM Funding America has a 12 month low of $1.63 and a 12 month high of $6.11. The firm’s 50 day moving average is $4.20 and its 200-day moving average is $3.43. The stock has a market capitalization of $7.48 million, a PE ratio of -0.72 and a beta of 1.40.

About LM Funding America

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.