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.
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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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