Katapult (NASDAQ:KPLT) Releases Quarterly Earnings Results, Misses Expectations By $1.03 EPS

Katapult (NASDAQ:KPLT) announced its quarterly earnings results on Friday. The company reported ($2.12) earnings per share for the quarter, missing the consensus estimate of ($1.09) by ($1.03), Zacks reports. Katapult updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Katapult Stock Performance

Shares of Katapult stock traded down $1.20 during trading hours on Friday, hitting $11.79. The company’s stock had a trading volume of 22,612 shares, compared to its average volume of 37,696. The firm has a fifty day moving average of $10.50 and a 200-day moving average of $8.89. The stock has a market cap of $51.75 million, a price-to-earnings ratio of -1.43 and a beta of 1.64. Katapult has a twelve month low of $5.08 and a twelve month high of $23.54.

Katapult Company Profile

Katapult Holdings, Inc, an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce retailers.