Marchex Inc expected to post a loss of 1 cent a share - Earnings Preview

Marchex

02/11/2022 02:11

* Marchex Inc  MCHX.OQ   MCHX.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 3. 
    * The Seattle Washington-based  company is expected to
report  a
1.5% decrease in revenue to $13.5 million from $13.7 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Marchex Inc is for
a loss
of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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 Marchex Inc
is
$3.5​, above​ its last closing price of $1.68. ​​​

The company's guidance on August 9 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD0.
This summary was machine generated November 2 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated