Payfare (PAY) Scheduled to Post Earnings on Wednesday

Payfare (TSE:PAY) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, August 7th. Analysts expect Payfare to post earnings of C$0.17 per share for the quarter.

Payfare (TSE:PAY) last issued its quarterly earnings results on Wednesday, May 8th. The company reported C$0.15 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.15. Payfare had a return on equity of 25.51% and a net margin of 8.66%. The business had revenue of C$51.90 million for the quarter.

Payfare Price Performance

TSE PAY opened at C$7.82 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.25 and a quick ratio of 0.32. The stock’s fifty day moving average price is C$6.29 and its 200 day moving average price is C$6.59. Payfare has a 1 year low of C$4.09 and a 1 year high of C$7.92. The company has a market cap of C$374.97 million, a price-to-earnings ratio of 27.93 and a beta of 1.92.

Payfare Company Profile

Payfare Inc, a financial technology company, provides instant payout and digital banking solutions to gig economy workers in Canada, the United States, and Mexico. The company offers PayFare, a platform that provides access to earnings, as well as banking services, such as ATM withdrawals, funds transfers, bill payments, and savings wallets; Paid Portal by Payfare, a payout solution for gig workforces; and Paid App by Payfare, a digital banking app.