Cardlytics Inc expected to post a loss of 35 cents a share - Earnings Preview

Cardlytics

29/07/2023 03:02

* Cardlytics Inc  CDLX.OQ   CDLX.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 1. 
    * The Atlanta Georgia-based  company is expected to report 
a
8.4% decrease in revenue to $69.071 million from $75.41 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on May 4 2023,
for the period ended June 30, was for revenue between $65.00
million and $74.00 million.
    * ​Refinitiv's mean analyst estimate for Cardlytics Inc is
for a
loss of 35 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 6.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Cardlytics
Inc is
$9​, below​ its last closing price of $11.01. ​​​

The company's guidance on May 4 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 65 million and -6 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.56       -0.56      -0.25     Beat    55.7
 Dec. 31 2023  -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
 ​​Mar.        -0.52       -0.55      -0.38     Beat    31.3
 31 2022                                                
 Dec. 31 2021  -0.36       -0.42      -0.15     Beat    63.9​
 Sep. 30 2021  -0.52       -0.54      -0.33     Beat    38.9
 Jun. 30 2021  -0.38       -0.39      -0.39     Met     -0.9
 This summary was machine generated July 29 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated