Cardlytics Inc expected to post a loss of 13 cents a share - Earnings Preview

Cardlytics

06/08/2024 02:25

* Cardlytics Inc  CDLX.OQ   CDLX.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Atlanta Georgia-based  company is expected to report a
1.7% decrease in revenue to $75.367 million from $76.7 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.The company's guidance on May 8 2024, for the
period ended June 30, was for revenue between $73.00 million and
$81.00 million.
    * ​LSEG's mean analyst estimate for Cardlytics Inc is for a
loss
of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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
$14.00​, above​ its last closing price of $7.10. ​​​

The company's guidance on May 8 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 73 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  
 Mar. 31 2024  -0.10       -0.11      -0.09     Beat    18.2
 Dec. 31 2024  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.        -0.56       -0.56      -0.25     Beat    55.7
 31 2023                                                
 Dec. 31 2022  -0.46       -0.46      -0.29     Beat    37.5​
 Sep. 30 2022  -0.50       -0.57      -0.50     Beat    12.3
 Jun. 30 2022  -0.42       -0.47      -0.65     Missed  -38.9
 This summary was machine generated August 6 at 01:25 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)