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

Marchex

30/04/2024 13:10

* Marchex Inc  MCHX.OQ   MCHX.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 2 (estimated)
for the period ending January 1 0001
    * The Seattle Washington-based  company is expected to
report a
2.2% decrease in revenue to $11.947 million from $12.22 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Marchex Inc is for a
loss of 2
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
$3.25​, above​ its last closing price of $1.29. ​​​

This summary was machine generated April 30 at 12:10 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)