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

Marchex

10/05/2022 21:22

* Marchex Inc  MCHX.OQ   MCHX.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 12. 
    * The Seattle Washington-based  company is expected to
report  a
0.5% increase in revenue to $13.04 million from $12.98 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 8 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
$3.5​, above​ its last closing price of $1.79. ​​​

This summary was machine generated May 10 at 20:22 GMT.  All
figures in US dollars  unless otherwise stated