Zacks: Analysts Anticipate Sunlight Financial Holdings Inc (NYSE:SUNL) Will Post Earnings of -$0.03 Per Share

Wall Street brokerages predict that Sunlight Fiscal Holdings Inc (NYSE:SUNL) will announce ($.03) earnings for every share for the present-day fiscal quarter, according to Zacks. Two analysts have furnished estimates for Daylight Financial’s earnings, with estimates ranging from ($.08) to $.04. The firm is scheduled to report its following quarterly earnings report on Monday, February 21st.

In accordance to Zacks, analysts assume that Sunlight Financial will report comprehensive 12 months earnings of ($.10) for every share for the present yr, with EPS estimates ranging from ($.15) to ($.04). For the subsequent calendar year, analysts count on that the enterprise will report earnings of ($.02) per share, with EPS estimates ranging from ($.18) to $.22. Zacks Expense Research’s EPS calculations are an common based mostly on a survey of exploration analysts that go over Daylight Monetary.

Sunlight Economic (NYSE:SUNL) very last launched its quarterly earnings data on Monday, November 15th. The corporation claimed ($.15) earnings for each share (EPS) for the quarter, lacking analysts’ consensus estimates of $.05 by ($.20). The firm experienced revenue of $28.59 million for the duration of the quarter, as opposed to the consensus estimate of $31.32 million.

A number of brokerages have weighed in on SUNL. Barclays upped their focus on price tag on Sunlight Money from $8.00 to $9.00 and gave the inventory an “obese” score in a exploration be aware on Tuesday, November 16th. Citigroup diminished their selling price objective on Sunlight Monetary from $12.00 to $10.00 and established a “get” score on the stock in a exploration report on Tuesday, November 16th. Roth Capital reduced their value goal on Sunlight Financial from $15.00 to $10.00 and set a “obtain” ranking on the stock in a investigation report on Tuesday, November 16th. Lastly, Zacks Expenditure Investigation minimize Daylight Economical from a “keep” score to a “offer” ranking in a report on Tuesday, February 8th. 1 equities investigation analyst has rated the stock with a provide rating and 6 have assigned a obtain rating to the corporation. Based on details from MarketBeat, Daylight Financial has an regular ranking of “Obtain” and a consensus target selling price of $9.83.

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Shares of NYSE SUNL opened at $3.40 on Wednesday. The stock’s 50-working day very simple going ordinary is $3.63 and its two-hundred working day straightforward going typical is $4.94. Daylight Financial has a twelve month minimal of $2.41 and a twelve thirty day period large of $13.52.

In other Daylight Economic information, COO Timothy Parsons purchased 10,000 shares of Sunlight Economic stock in a transaction on Wednesday, December 1st. The stock was obtained at an typical selling price of $4.18 for each share, with a overall worth of $41,800.00. The acquire was disclosed in a document filed with the SEC, which is offered at this hyperlink. Also, CEO Matthew Potere purchased 20,000 shares of the firm’s inventory in a transaction dated Monday, November 29th. The stock was ordered at an ordinary price of $4.31 for every share, for a total transaction of $86,200.00. The disclosure for this invest in can be found here.

Quite a few hedge funds have just lately additional to or diminished their stakes in SUNL. Citigroup Inc. boosted its stake in shares of Sunlight Money by 136.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 4th quarter. Citigroup Inc. now owns 5,669 shares of the company’s stock really worth $27,000 following purchasing an added 3,273 shares during the final quarter. Penserra Capital Management LLC purchased a new position in shares of Sunlight Money in the 3rd quarter worth $46,000. Built-in Wealth Principles LLC ordered a new position in shares of Daylight Money in the 4th quarter well worth $54,000. Raymond James & Associates ordered a new posture in shares of Daylight Fiscal in the 4th quarter truly worth $55,000. Finally, Floor Swell Funds LLC purchased a new situation in shares of Daylight Financial in the 4th quarter worthy of $57,000. Hedge funds and other institutional buyers personal 23.95{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s inventory.

About Daylight Fiscal

Sunlight Money Holdings Inc is a premier, know-how-enabled position-of-sale finance firm. Sunlight Money Holdings Inc, formerly known as Spartan Acquisition Corp. II, is dependent in NEW YORK.

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Earnings History and Estimates for Sunlight Financial (NYSE:SUNL)

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