Magnite Inc expected to post earnings of 17 cents a share - Earnings Preview

Magnite

04/08/2025 21:23

Magnite Inc MGNI.OQ MGNI.O is expected to  show a rise in quarterly revenue when it reports  results on August 6 for the period ending June 30 2025

The New York City-based  company is expected to report a 7.2% increase in revenue to $157.3 million from $146.76 million a year ago, according to the mean estimate from 11 analysts, based on LSEG data. (SAL is based on Total Revenue excluding TAC)

​LSEG's mean analyst estimate for Magnite Inc is for earnings of 17 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "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 Magnite Inc is $23.58, about 5.9% above its last closing price of $22.19

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
0.07
0.07
0.12
Beat
81.1
Dec. 31 2025
0.36
0.36
0.34
Missed
-6.2
Sep. 30 2024
0.16
0.16
0.17
Beat
5.1​
Jun. 30 2024
0.15
0.15
0.14
Missed
-9.2
​​Mar. 31 2024
0.01
0.00
0.05
Beat
11,527.9
Dec. 31 2023
0.28
0.28
0.29
Beat
3.3​
Sep. 30 2023
0.10
0.08
0.12
Beat
50
Jun. 30 2023
0.05
0.03
0.09
Beat
164.7

This summary was machine generated August 4 at 20:23 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)