B. Riley Predicts Weaker Earnings for Lesaka Technologies

Lesaka Technologies, Inc. (NASDAQ:LSAK) – Equities researchers at B. Riley cut their Q1 2025 earnings per share estimates for shares of Lesaka Technologies in a research note issued to investors on Monday, November 4th. B. Riley analyst R. Sharma now expects that the company will post earnings of ($0.09) per share for the quarter, down from their previous estimate of ($0.05). The consensus estimate for Lesaka Technologies’ current full-year earnings is ($0.11) per share. B. Riley also issued estimates for Lesaka Technologies’ Q2 2025 earnings at ($0.06) EPS, Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at ($0.02) EPS and FY2025 earnings at ($0.19) EPS.

Lesaka Technologies (NASDAQ:LSAK) last released its earnings results on Wednesday, September 11th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). Lesaka Technologies had a negative net margin of 3.09% and a negative return on equity of 9.90%. The business had revenue of $146.05 million during the quarter, compared to the consensus estimate of $149.30 million. During the same period last year, the business posted ($0.19) EPS.

Lesaka Technologies Price Performance

Shares of NASDAQ LSAK opened at $5.50 on Wednesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.59 and a quick ratio of 1.44. The business has a 50-day moving average of $4.93 and a 200-day moving average of $4.78. The stock has a market capitalization of $347.82 million, a price-to-earnings ratio of -20.37 and a beta of 0.93. Lesaka Technologies has a fifty-two week low of $3.00 and a fifty-two week high of $5.60.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. raised its stake in shares of Lesaka Technologies by 3.7% during the 1st quarter. Russell Investments Group Ltd. now owns 87,046 shares of the company’s stock worth $326,000 after purchasing an additional 3,137 shares in the last quarter. Hosking Partners LLP grew its position in shares of Lesaka Technologies by 58.8% in the 2nd quarter. Hosking Partners LLP now owns 2,607,388 shares of the company’s stock valued at $12,203,000 after acquiring an additional 965,576 shares during the period. Rathbones Group PLC increased its stake in shares of Lesaka Technologies by 100.0% during the 2nd quarter. Rathbones Group PLC now owns 1,272,332 shares of the company’s stock worth $5,955,000 after purchasing an additional 636,166 shares during the last quarter. Finally, Renaissance Technologies LLC raised its holdings in shares of Lesaka Technologies by 8.8% in the 2nd quarter. Renaissance Technologies LLC now owns 182,100 shares of the company’s stock valued at $852,000 after purchasing an additional 14,700 shares during the period. 24.19% of the stock is currently owned by institutional investors.

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.