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LMFABearishEarningsnews
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LM Funding America, Inc. (LMFA) Reports Q1 Loss, Misses Revenue Estimates

May 16, 2024, 12:29 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- LM Funding America reported a quarterly loss of $0.84 per share, missing estimates. - Revenues for the quarter were $4.75 million, missing estimates by 1.08%. - The stock has lost 36.2% year-to-date, underperforming the S&P 500. - LM Funding America has a Zacks Rank #1 (Strong Buy) due to favorable estimate revisions. - Investors should watch for changes in earnings and industry outlook for potential impact. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Research Analysis

  • LM Funding America reported a quarterly loss of $0.84 per share, missing estimates.
  • Revenues for the quarter were $4.75 million, missing estimates by 1.08%.
  • The stock has lost 36.2% year-to-date, underperforming the S&P 500.
  • LM Funding America has a Zacks Rank #1 (Strong Buy) due to favorable estimate revisions.
  • Investors should watch for changes in earnings and industry outlook for potential impact.

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