Earnings To Watch: Flywire Corp (FLYW) Reports Q3 2024 Result

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Nov 06, 2024

Flywire Corp (FLYW, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $148.80 million, and the earnings are expected to come in at $0.18 per share. The full year 2024's revenue is expected to be $486.07 million and the earnings are expected to be $0.06 per share. More detailed estimate data can be found on the Forecast page

Flywire Corp (FLYW, Financial) Estimates Trends

Over the past 90 days, the revenue estimates for Flywire Corp (FLYW) have been revised downward from $492.76 million to $486.07 million for the full year 2024, and from $623.36 million to $611.93 million for 2025. Similarly, earnings estimates have been adjusted from $0.07 per share to $0.06 per share for the full year 2024, and from $0.31 per share to $0.29 per share for 2025.

Flywire Corp (FLYW, Financial) Reported History

In the previous quarter of June 30, 2024, Flywire Corp's (FLYW) actual revenue was $103.68 million, which beat analysts' revenue expectations of $102.831 million by 0.82%. Flywire Corp's (FLYW) actual earnings were -$0.11 per share, which missed analysts' earnings expectations of -$0.086 per share by -27.91%. After releasing the results, Flywire Corp (FLYW) was up by 2.81% in one day.

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Flywire Corp (FLYW, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 16 analysts, the average target price for Flywire Corp (FLYW) is $22.94 with a high estimate of $30 and a low estimate of $18. The average target implies an upside of 28.57% from the current price of $17.84.

Based on GuruFocus estimates, the estimated GF Value for Flywire Corp (FLYW, Financial) in one year is $48.51, suggesting an upside of 171.92% from the current price of $17.84.

Based on the consensus recommendation from 18 brokerage firms, Flywire Corp's (FLYW, Financial) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.