Cardlytics Inc expected to post a loss of 11 cents a share - Earnings Preview

Cardlytics

07/05/2024 03:31

* Cardlytics Inc  CDLX.OQ   CDLX.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Atlanta Georgia-based  company is expected to report a
11.4% increase in revenue to $71.693 million from $64.33 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.The company's guidance on March 14 2024, for
the period ended March 31, was for revenue between $70.00
million and $73.00 million.
    * ​LSEG's mean analyst estimate for Cardlytics Inc is for a
loss
of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cardlytics
Inc is
$18.00​, above​ its last closing price of $15.20. ​​​

The company's guidance on March 14 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 70 million and 1 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.15        0.12       0.14      Beat    16.7
 Sep. 30 2023  -0.01       -0.01      0.01      Beat    200
 Jun. 30 2023  -0.35       -0.35      -0.24     Beat    32.1​
 Mar. 31 2023  -0.56       -0.56      -0.25     Beat    55.7
 ​​Dec.        -0.46       -0.46      -0.29     Beat    37.5
 31 2022                                                
 Sep. 30 2022  -0.50       -0.57      -0.50     Beat    12.3​
 Jun. 30 2022  -0.42       -0.47      -0.65     Missed  -38.9
 Mar. 31 2022  -0.52       -0.55      -0.38     Beat    31.3
 This summary was machine generated May 7 at 02:31 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)