Abacus Global Management, Inc. (ABX) Q1 Earnings and Revenues Miss Estimates

Abacus Global Management reported quarterly EPS of $0.20, slightly below the Zacks Consensus Estimate of $0.21. Earnings were still up from $0.18 per share a year ago, indicating modest year-over-year improvement despite the small miss. The report is likely to be only a limited stock catalyst absent additional guidance or revenue details.

Analysis

Abacus Global Management reported quarterly EPS of $0.20, slightly below the Zacks Consensus Estimate of $0.21. Earnings were still up from $0.18 per share a year ago, indicating modest year-over-year improvement despite the small miss. The report is likely to be only a limited stock catalyst absent additional guidance or revenue details.