MarketWise Inc expected to post earnings of 4 cents a share - Earnings Preview

MarketWise

22/03/2024 12:33

* MarketWise Inc  MKTW.OQ   MKTW.O  is expected to show a
fall in
quarterly revenue when it reports  results on March 25
(estimated) for the period ending March 31 2024
    * The New York City-based  company is expected to report a
3.7% decrease in revenue to $121.5 million from $126.23 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for MarketWise Inc is for
earnings
of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 MarketWise
Inc is
$4.50​, above​ its last closing price of $1.77. ​​​

This summary was machine generated March 22 at 12:33 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)