USA Technologies Inc (USAT)

[FUNMAN]

USA Technologies, Inc. (USAT) Expected to Post Quarterly Sales of $44.21 Million


August 26th, 2018
By Kayla Sanchez


https://www.mareainformativa.com/2018/08/26/usa-technologies-inc-usat-expected-to-post-quarterly-sales-of-44-21-million-updated-updated.html


Wall Street analysts predict that USA Technologies, Inc. (NASDAQ:USAT) will announce sales of $44.21 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for USA Technologies’ earnings. The lowest sales estimate is $44.00 million and the highest is $44.50 million. USA Technologies reported sales of $34.29 million during the same quarter last year, which would suggest a positive year over year growth rate of 28.9%. The business is expected to announce its next earnings results on Tuesday, August 28th.


On average, analysts expect that USA Technologies will report full-year sales of $138.14 million for the current fiscal year, with estimates ranging from $137.95 million to $138.40 million. For the next fiscal year, analysts forecast that the company will post sales of $176.30 million per share, with estimates ranging from $168.61 million to $183.60 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research firms that cover USA Technologies.