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

Cardlytics

04/05/2023 23:49

* Cardlytics Inc  CDLX.OQ  reported a quarterly adjusted
loss
of 25 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for a loss of 56
cents per share.
    * Revenue fell 5.3% to $64.33 million from a year ago;
analysts
expected $65.07 million. 
    * Cardlytics Inc's reported EPS for the quarter was 40
cents​.
    * The mean earnings estimate of analysts had fallen by
about 18%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Cardlytics Inc shares had risen by 140.1% this quarter and
gained 41.0% so far this year.
    * The company reported quarterly net income of $13.61
million.
    * Wall Street's median 12-month price target for Cardlytics
Inc is
$6.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 10:48 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.56          -0.25          Beat
 Dec. 31 2022      -0.46          -0.29          Beat
 Sep. 30 2022      -0.57          -0.50          Beat
 Jun. 30 2022      -0.47          -0.65          Missed