Lightspeed Commerce Inc. (LSPD) stock fell 1.38% despite market uptick, with positive revenue growth outlook.

From Nasdaq: 2024-12-24 18:00:17

Lightspeed Commerce Inc. (LSPD) closed at $15.67, down 1.38%. It fell behind S&P 500’s 1.1% gain. In the past month, LSPD shares dropped by 11.03%, while the Business Services sector fell by 1.85% and S&P 500 gained 0.22%.

Estimates predict Lightspeed Commerce Inc. will report an EPS of $0.06, a 25% decrease from last year. Revenue is expected to be $282.69 million, a 17.94% increase. Zacks projects earnings of $0.40 per share and revenue of $1.1 billion for the fiscal year.

LSPD has a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 39.72, higher than the industry average. The PEG ratio stands at 0.72, indicating growth potential. The Technology Services industry has a Zacks Industry Rank of 58, in the top 24% of all industries.



Read more at Nasdaq: Lightspeed Commerce Inc. (LSPD) Stock Falls Amid Market Uptick: What Investors Need to Know