Marchex Inc expected to post breakeven results a share - Earnings Preview

Marchex

29/10/2024 21:03

* Marchex Inc  MCHX.OQ   MCHX.O  is expected to show a fall
in
quarterly revenue when it reports  results on October 31 for the
period ending September 30 2024
    * The Seattle Washington-based  company is expected to
report a
1.4% decrease in revenue to $12.593 million from $12.78 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.The company's guidance on August 8 2024, for
the period ended September 30, was for revenue of $12.600
million.
    * ​LSEG's mean analyst estimate for Marchex Inc is for
breakeven
results 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 $1.64. ​​​

This summary was machine generated October 29 at 21:03 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)