Marchex Inc expected to post a loss of 5 cents a share - Earnings Preview

Marchex

03/05/2023 03:06

* Marchex Inc  MCHX.OQ   MCHX.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 4. 
    * The Seattle Washington-based  company is expected to
report  a
7.1% decrease in revenue to $12.241 million from $13.17 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 5 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 $1.82. ​​​

This summary was machine generated May 3 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated