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SurgePays to Report Q2 Earnings: What's in the Cards?
SurgePays, Inc. (NASDAQ: SURG) is set to report second-quarter 2024 results on Aug 13.
The Zacks Consensus Estimate for revenues is currently pegged at $23.35 million, suggesting a decrease of 34.94% from the figure reported in the year-ago quarter.
The consensus mark for loss per share has remained unchanged at 6 cents in the past 30 days, indicating a decline of 115% from the year-ago quarter's reported figure.
Let's see how things have shaped up for this announcement.
SurgePays, Inc. Price and EPS Surprise
SurgePays, Inc. price-eps-surprise | SurgePays, Inc. Quote
Factors to Note
SURG's second-quarter results are expected to be hurt by operational changes by management to shift the company's focus away from the non-core business Lead Generation's subsidiary LogicsIQ.
At the end of the first quarter, Comprehensive Platform Services reported revenues of $2.53 million, representing a 13.7% decline from the prior quarter. This trend is expected to have ...