PSQ (NYSE:PSQH) Releases Earnings Results, Misses Estimates By $0.06 EPS

PSQ (NYSE:PSQH) announced its quarterly earnings data on Thursday. The company reported ($0.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.06), Zacks reports. PSQ had a negative net margin of 227.52% and a negative return on equity of 404.92%. The company had revenue of $7.21 million for the quarter, compared to the consensus estimate of $7.47 million.

PSQ Stock Up 12.5 %

NYSE PSQH opened at $2.65 on Friday. The company has a debt-to-equity ratio of 6.46, a current ratio of 1.90 and a quick ratio of 1.72. The stock has a market capitalization of $92.26 million, a PE ratio of -2.11 and a beta of -0.21. PSQ has a 1 year low of $2.00 and a 1 year high of $7.77. The business’s 50-day moving average is $3.56 and its 200 day moving average is $3.22.

Analyst Upgrades and Downgrades

Separately, Maxim Group began coverage on PSQ in a research note on Wednesday, January 15th. They issued a “buy” rating and a $8.00 target price on the stock.

About PSQ

PSQ Holdings, Inc, together with its subsidiaries, operates an online marketplace through advertising and eCommerce in the United States. It operates through two segments, Marketplace and Brands segments. The PSQ platform is accessible through its mobile application and website. The company also sells diapers and wipes to mothers online under the EveryLife brand name.