FY2024 EPS Estimates for MoneyHero Limited Reduced by Analyst (NASDAQ:MNY)

MoneyHero Limited (NASDAQ:MNY) – Equities research analysts at Edison Inv. Res lowered their FY2024 earnings per share (EPS) estimates for shares of MoneyHero in a research note issued to investors on Thursday, October 10th. Edison Inv. Res analyst M. Bussell now anticipates that the company will post earnings per share of ($0.43) for the year, down from their prior forecast of ($0.07). The consensus estimate for MoneyHero’s current full-year earnings is ($0.07) per share. Edison Inv. Res also issued estimates for MoneyHero’s FY2025 earnings at ($0.02) EPS and FY2026 earnings at $0.02 EPS.

MoneyHero (NASDAQ:MNY) last posted its quarterly earnings results on Thursday, September 19th. The company reported ($0.30) earnings per share (EPS) for the quarter. The company had revenue of $20.67 million during the quarter. MoneyHero had a negative net margin of 141.71% and a negative return on equity of 417.43%.

MoneyHero Price Performance

MNY stock opened at $1.09 on Monday. The firm has a market capitalization of $42.00 million, a P/E ratio of -0.23 and a beta of 1.27. The business’s 50-day moving average is $1.17 and its two-hundred day moving average is $1.69. MoneyHero has a 1 year low of $0.74 and a 1 year high of $4.70.

About MoneyHero

MoneyHero Limited operates as a personal finance company. It engages in operation of online financial comparison platforms and related services. The company offers its products under Money Hero, SingSaver, Money101, MoneyMax, CompareHero, Seedly, and Creatory brands. MoneyHero Limited operates in Singapore, Hong Kong, Taiwan, the Philippines, Malaysia, and Thailand.