MarketWise Inc expected to post earnings of 5  cents a share - Earnings Preview

MarketWise

08/08/2023 14:29

* MarketWise Inc  MKTW.OQ   MKTW.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 10. 
    * The New York City-based  company is expected to report  a
14.6% decrease in revenue to $109.321 million from $128.01
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MarketWise Inc is
for
earnings of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the professional
information services peer group is also "Buy".​
    * Wall Street's median 12-month price target for MarketWise
Inc is
$3​, above​ its last closing price of $1.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.00        0.00       0.05      Beat    
 Dec. 31 2023              0.02       0.14      Beat    600
 Sep. 30 2022  0.08        0.09       -0.17     Missed  -296.1
                                                        ​
 Jun. 30 2022  0.08        0.07       0.04      Missed  -49.5
 ​​Mar.        0.05        0.05       0.02      Missed  -63
 31 2022                                                
 Dec. 31 2021  0.07        0.07       0.03      Missed  -59.1​
 Sep. 30 2021              0.04                         
 This summary was machine generated August 8 at 13:29 GMT.  All
figures in US dollars  unless otherwise stated