B. Riley Expects Reduced Earnings for Lesaka Technologies

Lesaka Technologies, Inc. (NASDAQ:LSAK) – B. Riley lowered their Q1 2025 earnings per share estimates for Lesaka Technologies in a research note issued on Monday, November 4th. B. Riley analyst R. Sharma now expects that the company will earn ($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 quarterly 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). The business had revenue of $146.05 million for the quarter, compared to analysts’ expectations of $149.30 million. Lesaka Technologies had a negative return on equity of 9.90% and a negative net margin of 3.09%. During the same quarter in the prior year, the company posted ($0.19) earnings per share.

Lesaka Technologies Stock Performance

NASDAQ LSAK opened at $5.55 on Wednesday. Lesaka Technologies has a 12 month low of $3.00 and a 12 month high of $5.60. The firm’s 50-day moving average is $4.94 and its two-hundred day moving average is $4.79. The company has a quick ratio of 1.44, a current ratio of 1.59 and a debt-to-equity ratio of 0.79.

Hedge Funds Weigh In On Lesaka Technologies

Large investors have recently made changes to their positions in the stock. Hosking Partners LLP increased its holdings in 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 purchasing an additional 965,576 shares during the last quarter. Rathbones Group PLC lifted its stake in Lesaka Technologies by 100.0% during the second 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 in the last quarter. Renaissance Technologies LLC boosted its position in shares of Lesaka Technologies by 8.8% during the second quarter. Renaissance Technologies LLC now owns 182,100 shares of the company’s stock worth $852,000 after buying an additional 14,700 shares during the period. Finally, Russell Investments Group Ltd. grew its stake in shares of Lesaka Technologies by 3.7% in the first quarter. Russell Investments Group Ltd. now owns 87,046 shares of the company’s stock valued at $326,000 after buying an additional 3,137 shares in the last quarter. 24.19% of the stock is currently owned by institutional investors and hedge funds.

About Lesaka Technologies

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.