Points International (PCOM) Announces Earnings Results, Misses Estimates By $0.04 EPS

Points International (NASDAQ:PCOM) (TSE:PTS) released its quarterly earnings data on Thursday. The information services provider reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04), Fidelity Earnings reports. Points International had a net margin of 1.90% and a return on equity of 18.52%. The business had revenue of $95.94 million during the quarter.

Points International stock traded down $0.72 during mid-day trading on Friday, reaching $11.65. The company’s stock had a trading volume of 89,060 shares, compared to its average volume of 54,432. Points International has a 12-month low of $8.30 and a 12-month high of $18.48. The firm has a market capitalization of $172.80 million, a price-to-earnings ratio of 24.74 and a beta of 1.11.

A number of research analysts recently weighed in on PCOM shares. TheStreet upgraded shares of Points International from a “c+” rating to a “b” rating in a research note on Wednesday, March 27th. Royal Bank of Canada lifted their price objective on shares of Points International from $19.00 to $20.00 and gave the company an “outperform” rating in a research note on Friday, March 8th.



A number of institutional investors have recently added to or reduced their stakes in PCOM. Globeflex Capital L P purchased a new position in Points International in the 4th quarter valued at approximately $586,000. Geode Capital Management LLC grew its stake in Points International by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 76,830 shares of the information services provider’s stock valued at $764,000 after buying an additional 1,832 shares in the last quarter. Wedge Capital Management L L P NC grew its stake in Points International by 30.1% in the 4th quarter. Wedge Capital Management L L P NC now owns 90,813 shares of the information services provider’s stock valued at $904,000 after buying an additional 20,984 shares in the last quarter. Finally, AJO LP grew its stake in Points International by 15.4% in the 1st quarter. AJO LP now owns 299,027 shares of the information services provider’s stock valued at $4,019,000 after buying an additional 39,965 shares in the last quarter. Institutional investors and hedge funds own 51.35% of the company’s stock.

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About Points International

Points International Ltd. provides e-commerce and technology services to loyalty program operators in the United States, Europe, and internationally. It operates through three segments: Loyalty Currency Retailing, Platform Partners, and Points Travel. The Loyalty Currency Retailing segment provides products and services designed to help loyalty program members unlock the value of their loyalty currency and accelerate the time to a reward.

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Earnings History for Points International (NASDAQ:PCOM)

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