Sunlight Financial Holdings Inc (NYSE:SUNL) Expected to Announce Quarterly Sales of $31.80 Million


Wall Street analysts hope Sunlight Economic Holdings Inc (NYSE:SUNLGet Score) to report revenue of $31.80 million for the present quarter, Zacks reviews. Two analysts have supplied estimates for Daylight Financial’s earnings, with the lowest sales estimate coming in at $29.69 million and the maximum estimate coming in at $33.90 million. The enterprise is expected to report its subsequent quarterly earnings report on Monday, January 1st.

On average, analysts anticipate that Daylight Economical will report full-year gross sales of $148.47 million for the existing calendar year. For the subsequent economic calendar year, analysts hope that the company will post revenue of $188.16 million, with estimates ranging from $186.22 million to $190.10 million. Zacks Investment Research’s revenue averages are a imply average centered on a survey of analysts that that present protection for Daylight Monetary.

SUNL has been the issue of a number of current analyst reviews. Zacks Investment Analysis reduce shares of Daylight Fiscal from a “hold” ranking to a “sell” score in a exploration notice on Friday. Credit rating Suisse Team lowered their selling price goal on shares of Daylight Economical from $7.00 to $6.00 and established an “outperform” score for the enterprise in a report on Thursday, March 31st. A person exploration analyst has rated the stock with a promote ranking and 6 have assigned a obtain score to the business. In accordance to information from MarketBeat, Sunlight Money presently has an average score of “Buy” and an ordinary selling price target of $9.33.

SUNL inventory traded down $.21 during midday buying and selling on Thursday, hitting $4.75. 852,952 shares of the stock traded fingers, in contrast to its typical quantity of 1,154,423. Sunlight Economical has a 1-12 months small of $2.41 and a 1-yr high of $10.30. The stock’s fifty day easy shifting typical is $4.05 and its 200-working day easy going normal is $4.43.

A amount of hedge money have not long ago modified their holdings of the company. BlackRock Inc. improved its stake in shares of Daylight Money by 347.2% in the 4th quarter. BlackRock Inc. now owns 425,916 shares of the company’s stock valued at $2,035,000 just after acquiring an more 330,669 shares during the time period. Integrated Wealth Concepts LLC obtained a new position in shares of Daylight Money in the fourth quarter valued at about $54,000. Rubric Capital Administration LP obtained a new stake in Sunlight Economic for the duration of the fourth quarter really worth close to $7,206,000. Schonfeld Strategic Advisors LLC lifted its stake in Daylight Economical by 82.% in the course of the fourth quarter. Schonfeld Strategic Advisors LLC now owns 153,400 shares of the company’s inventory well worth $733,000 right after paying for an supplemental 69,100 shares through the past quarter. Finally, Shay Money LLC lifted its stake in shares of Daylight Economical by 150.5% in the 4th quarter. Shay Capital LLC now owns 193,651 shares of the company’s inventory valued at $926,000 after obtaining an further 116,339 shares during the very last quarter. 23.51% of the inventory is at this time owned by institutional investors.

About Daylight Monetary (Get Score)

Sunlight Financial Holdings Inc is a leading, technological innovation-enabled stage-of-sale finance company. Sunlight Money Holdings Inc, formerly recognised as Spartan Acquisition Corp. II, is primarily based in NEW YORK.

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