PSQ (NYSE:PSQH) Announces Earnings Results, Beats Expectations By $1.13 EPS

PSQ (NYSE:PSQH) released its quarterly earnings results on Friday. The company reported ($1.00) EPS for the quarter, beating analysts’ consensus estimates of ($2.13) by $1.13, FiscalAI reports. PSQ had a negative return on equity of 284.61% and a negative net margin of 132.73%. The business had revenue of $7.34 million during the quarter, compared to analyst estimates of $7.80 million.

Here are the key takeaways from PSQ’s conference call:

• Third-quarter revenue rose 67% to $7.3 million, while payments volume increased 121% and the operating loss narrowed to $3.3 million from $9.7 million a year earlier. Management said growth was achieved with roughly half the prior workforce.
• PSQ has completed its exit from the marketplace and consumer brands, cutting operating expenses by 50% year over year; EveryLife was sold for $5.5 million, though only $1 million was paid in cash at closing and the remaining $4.5 million is due under a secured note.
• Management reaffirmed 2026 guidance of $32 million in revenue and positive non-GAAP operating income, but reaching it requires about $9.4 million in fourth-quarter revenue—a company record and well above the $8.2 million quarterly high cited on the call.
• Operating cash burn declined to $1.7 million in the quarter, and management is targeting positive monthly operating cash flow in 2027. However, continuing-operations unrestricted cash was $3.8 million at quarter-end, and the company says it must keep reducing burn.
• Management said the company faces pressure around the NYSE’s minimum market-cap requirement and is discussing possible exemptions with the exchange while considering other capital-markets options; no definitive contingency plan was disclosed.

PSQ Stock Performance

Shares of PSQH traded up $0.28 on Friday, reaching $1.93. 994,217 shares of the company’s stock traded hands, compared to its average volume of 113,972. The stock’s 50 day simple moving average is $4.27 and its two-hundred day simple moving average is $7.35. The stock has a market cap of $6.50 million, a PE ratio of -0.18 and a beta of 0.61. PSQ has a 52-week low of $1.62 and a 52-week high of $29.25. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 6.79.

Analyst Ratings Changes

PSQH has been the subject of several analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of PSQ in a report on Thursday, October 15th. Wall Street Zen raised shares of PSQ to a “hold” rating in a research report on Saturday, July 25th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock currently has an average rating of “Sell”.

About PSQ

PSQ Holdings, Inc, operating under the PublicSquare brand, is a technology and commerce company focused on connecting consumers with businesses that share a commitment to family, community and other values emphasized by the company. Its platform is designed to help users discover and purchase products and services from participating merchants.

PublicSquare provides a digital marketplace that includes consumer goods, services and business listings. The company has also pursued financial technology offerings intended to support transactions within its ecosystem, including payment-related services and other tools for consumers and merchants.

PublicSquare primarily serves customers and businesses in the United States.