Lesaka Technologies (NASDAQ:LSAK – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.260-0.260 for the period, compared to the consensus earnings per share estimate of 0.140. The company issued revenue guidance of $347.0 million-$374.1 million, compared to the consensus revenue estimate of $654.5 million. Lesaka Technologies also updated its Q2 2026 guidance to EPS.
Wall Street Analysts Forecast Growth
LSAK has been the subject of a number of research reports. Zacks Research lowered Lesaka Technologies from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 28th. Weiss Ratings restated a “sell (d-)” rating on shares of Lesaka Technologies in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, Lesaka Technologies has a consensus rating of “Sell”.
Read Our Latest Report on Lesaka Technologies
Lesaka Technologies Stock Performance
Lesaka Technologies (NASDAQ:LSAK – Get Free Report) last released its quarterly earnings results on Wednesday, September 10th. The company reported ($0.35) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.39). Lesaka Technologies had a negative return on equity of 46.75% and a negative net margin of 17.16%.The firm had revenue of $82.00 million for the quarter, compared to analyst estimates of $131.00 million. Lesaka Technologies has set its FY 2026 guidance at 0.250- EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts forecast that Lesaka Technologies will post -0.16 EPS for the current fiscal year.
Lesaka Technologies Company Profile
Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa.
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