Marchex Inc expected to post a loss of 4  cents a share - Earnings Preview

Marchex

28/02/2022 22:48

* Marchex Inc  MCHX.OQ   MCHX.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 2. 
    * The Seattle Washington-based  company is expected to
report  a
3.6% decrease in revenue to $12.238 million from $12.69 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 4 cents per share. For the same quarter last year, the
company reported a loss of 6 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​, about 43.7% above​ its last closing price of $1.97. ​​​

This summary was machine generated February 28 at 22:48 GMT. 
All figures in US dollars  unless otherwise stated