PSQ Holdings, Inc. to Post Q1 2024 Earnings of ($0.39) Per Share, Roth Capital Forecasts (NYSE:PSQH)

PSQ Holdings, Inc. (NYSE:PSQH) – Research analysts at Roth Capital cut their Q1 2024 EPS estimates for PSQ in a note issued to investors on Monday, May 6th. Roth Capital analyst D. Aftahi now forecasts that the company will post earnings per share of ($0.39) for the quarter, down from their previous forecast of ($0.26). The consensus estimate for PSQ’s current full-year earnings is ($0.73) per share. Roth Capital also issued estimates for PSQ’s Q2 2024 earnings at ($0.26) EPS, Q3 2024 earnings at ($0.14) EPS, Q4 2024 earnings at ($0.15) EPS, FY2024 earnings at ($0.93) EPS, Q1 2025 earnings at ($0.18) EPS, Q2 2025 earnings at ($0.16) EPS, Q3 2025 earnings at ($0.16) EPS, Q4 2025 earnings at ($0.16) EPS and FY2025 earnings at ($0.66) EPS.

PSQ Stock Up 0.3 %

NYSE PSQH opened at $3.99 on Thursday. PSQ has a twelve month low of $3.66 and a twelve month high of $35.57. The stock has a 50-day moving average of $4.60 and a 200 day moving average of $5.14.

PSQ (NYSE:PSQH) last issued its quarterly earnings data on Thursday, March 14th. The company reported ($0.40) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.47) by $0.07. The firm had revenue of $2.75 million during the quarter, compared to analyst estimates of $2.47 million.

Institutional Investors Weigh In On PSQ

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. purchased a new position in shares of PSQ in the third quarter valued at approximately $27,000. Capital Investment Counsel Inc acquired a new stake in PSQ during the 4th quarter worth $60,000. Financial Advocates Investment Management purchased a new stake in shares of PSQ during the fourth quarter worth $65,000. Calton & Associates Inc. purchased a new position in shares of PSQ in the fourth quarter worth about $431,000. Finally, Mariner LLC purchased a new position in shares of PSQ in the third quarter worth about $1,571,000. Hedge funds and other institutional investors own 17.32% of the company’s stock.

PSQ Company Profile

PSQ Holdings, Inc, together with its subsidiaries, operates an online marketplace through advertising and eCommerce in the United States. It operates through two segments, Marketplace and Brands segments. The PSQ platform is accessible through its mobile application and website. The company also sells diapers and wipes to mothers online under the EveryLife brand name.