USA Technologies, Inc. (OTCMKTS:USAT) Forecasted to Post Q1 2022 Earnings of ($0.02) Per Share
USA Technologies, Inc. (OTCMKTS:USAT) – Equities research analysts at Barrington Research issued their Q1 2022 earnings estimates for USA Technologies in a research note issued to investors on Monday, September 14th. Barrington Research analyst G. Prestopino expects that the technology company will post earnings of ($0.02) per share for the quarter. Barrington Research currently has a “Buy” rating and a $11.00 target price on the stock. Barrington Research also issued estimates for USA Technologies’ Q2 2022 earnings at $0.00 EPS, Q3 2022 earnings at $0.01 EPS, Q4 2022 earnings at $0.02 EPS and FY2022 earnings at $0.00 EPS.
Other research analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of USA Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, August 26th. Northland Securities reaffirmed a “hold” rating and issued a $10.00 price objective on shares of USA Technologies in a research report on Monday, August 10th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $9.40.
USA Technologies (OTCMKTS:USAT) last posted its quarterly earnings results on Wednesday, June 24th. The technology company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.08). The company had revenue of $43.10 million during the quarter, compared to analyst estimates of $44.30 million. USA Technologies had a negative return on equity of 22.63% and a negative net margin of 25.92%.
USA Technologies Company Profile
USA Technologies, Inc provides wireless networking, cashless transactions, asset monitoring, and other value-added services in the United States and internationally. It designs and markets systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine (M2M) services.
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