Marchex Inc expected to post a loss of 2 cents a share - Earnings Preview

Marchex

30/10/2021 03:10

* Marchex Inc  MCHX.OQ   MCHX.O  is expected to show a fall in
quarterly revenue when it reports results on November 2
(estimated). 
* The Seattle, Washington-based company is expected to report  a
45.8% decrease in revenue to $14.35 million from $26.49 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 2 cents per share. For the same quarter last year, the
company reported a loss of 3 cents 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
$4.38​, about 25% above​ its last closing price of $3.28. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  -0.07       -0.07      -0.02     Beat    71.4
 Mar. 31 2021  -0.10       -0.10      -0.08     Beat    20
 Dec. 31 2020  -0.09       -0.09      -0.06     Beat    33.3​
 Sep. 30 2020  -0.06       -0.06      -0.03     Beat    50
 Jun.          -0.08​      -0.08      -0.05     Beat    41.2​
 30​ 2020​                                              
 Mar. 31 2020  -0.03       -0.03      -0.06     Missed  -100​
 Dec. 31 2019              0.00       0.01      Beat    
 Sep. 30 2019              0.00       0.01      Beat    
 This summary was machine generated October 30 at 02:10 GMT.  All
figures in US dollars unless otherwise stated