Cardlytics Inc reports results for the quarter ended in December - Earnings Summary

Cardlytics

14/03/2024 21:01

* Cardlytics Inc  CDLX.OQ  reported quarterly adjusted
earnings of
14 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of -29 cents.  The mean expectation of three analysts for the
quarter was for earnings of 12 cents per share. Wall Street
expected results to range from 3 cents to 25 cents per share.
    * Revenue rose 8.1% to $89.17 million from a year ago;
analysts
expected $89.55 million. 
    * Cardlytics Inc's reported EPS for the quarter was a loss
of
$2.56​.
    * The company reported a quarterly loss of $100.84 million.
    * Cardlytics Inc shares had fallen by 6.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 84.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advertising &
marketing peer group is also "buy"

Wall Street's median 12-month price target for Cardlytics Inc is
$12.00 
This summary was machine generated from LSEG data March 14 at
09:00 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.12           0.14           Beat
 Sep. 30 2023      -0.01          0.01           Beat
 Jun. 30 2023      -0.35          -0.24          Beat
 Mar. 31 2023      -0.56          -0.25          Beat