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

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

PSQ Price Performance

PSQH stock opened at $2.65 on Friday. The firm has a 50 day moving average price of $3.56 and a 200-day moving average price of $3.22. PSQ has a 52-week low of $2.00 and a 52-week high of $7.77. The firm has a market capitalization of $92.26 million, a price-to-earnings ratio of -2.11 and a beta of -0.21. The company has a debt-to-equity ratio of 6.46, a quick ratio of 1.72 and a current ratio of 1.90.

Wall Street Analysts Forecast Growth

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

PSQ Company Profile

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.