Flywire (NASDAQ:FLYW) Posts Earnings Results, Misses Estimates By $0.11 EPS

Flywire (NASDAQ:FLYW) issued its quarterly earnings results on Tuesday. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.11), Zacks reports. The company had revenue of $112.80 million for the quarter, compared to analyst estimates of $118.85 million. Flywire had a return on equity of 2.49% and a net margin of 4.23%. Flywire updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Flywire Stock Up 2.1 %

FLYW traded up $0.23 during trading hours on Thursday, hitting $11.28. 2,179,522 shares of the company’s stock were exchanged, compared to its average volume of 2,109,300. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 75.07, a PEG ratio of 1.41 and a beta of 1.08. Flywire has a 1-year low of $8.62 and a 1-year high of $31.54. The stock’s 50-day moving average is $19.40 and its two-hundred day moving average is $18.92.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Royal Bank of Canada decreased their price target on shares of Flywire from $25.00 to $20.00 and set an “outperform” rating on the stock in a research note on Wednesday. Raymond James lowered Flywire from a “strong-buy” rating to an “outperform” rating and decreased their price objective for the company from $29.00 to $17.00 in a research report on Wednesday. Wells Fargo & Company dropped their target price on Flywire from $20.00 to $16.00 and set an “equal weight” rating for the company in a research report on Wednesday. Deutsche Bank Aktiengesellschaft lowered Flywire from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $26.00 to $16.00 in a research report on Wednesday. Finally, Stephens downgraded Flywire from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $26.00 to $15.00 in a research note on Wednesday. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Flywire presently has an average rating of “Hold” and an average price target of $20.64.

Flywire Company Profile

Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company’s platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly.