Why the Market Dipped But Lightspeed Commerce Inc. (LSPD) Gained Today

Lightspeed Commerce Inc. (LSPD) closed at $10.41, up 1.76%, outperforming the S&P 500. The company is forecasted to report Q earnings of $0.15 EPS (down 6.25% YoY) with quarterly revenue of $321.44M (up 0.78% YoY). Full-year estimates project $0.57 EPS and $1.27B revenue. LSPD holds a Forward P/E of 18.03, trading at a discount to its industry average of 20.39, with a PEG ratio of 0.59. The stock maintains a Zacks Rank #3 (Hold) rating.