Magnite Inc expected to post earnings of 7 cents a share - Earnings Preview

Magnite

06/05/2025 24:14

Magnite Inc MGNI.OQ MGNI.O is expected to show a rise in quarterly revenue when it reports  results on May 7 for the period ending March 31 2025

The New York City-based  company is expected to report a 10.5% increase in revenue to $144.203 million from $130.55 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 7 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 7.4% in the last three months. ​

Wall Street's median 12-month price target for Magnite Inc is $20.00​, above​ its last closing price of $12.16. ​​​

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
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
Mar. 31 2023
-0.02
-0.04
0.04
Beat
209.1

This summary was machine generated May 5 at 23:14 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)