Marchex Inc expected to post a loss of 7 cents a share - Earnings Preview

Marchex

04/08/2021 01:55

* Marchex Inc  MCHX.OQ   MCHX.O  is expected to show a fall in
quarterly revenue when it reports results on August 5. 
* The Seattle, Washington-based company is expected to report 
 a 49.3% decrease in revenue to $13.1 million from $25.85
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 7 cents per share. For the same quarter last year, the
company reported 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
$4.38​, about 41.9% above​ its last closing price of $2.54. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  -0.08       -0.08      -0.05     Beat    41.2
 Mar.          -0.03​      -0.03      -0.06     Missed  -100​
 31​ 2020​                                              
 Dec. 31 2019              0.00       0.01      Beat    ​
 Sep. 30 2019              0.00       0.01      Beat    
 Jun. 30 2019  0.01        0.01       0.01      Met     100
 This summary was machine generated August 4 at 00:55 GMT.  All
figures in US dollars unless otherwise stated