MarketWise Inc reports results for the quarter ended in June - Earnings Summary

MarketWise

10/08/2023 14:33

* MarketWise Inc  MKTW.OQ  reported quarterly breakeven
results​​
per share for the quarter ended in June. The mean expectation of
three analysts for the quarter was for earnings of 5 cents per
share.
    * Revenue fell 19% to $103.64 million from a year ago;
analysts
expected $109.32 million. 
    * MarketWise Inc's reported EPS for the quarter was
breakeven
results​.
    * The mean earnings estimate of analysts had risen by
about 67% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * MarketWise Inc shares had fallen by 7.5% this quarter and
gained 10.1% so far this year.
    * The company reported quarterly net income of $36 thousand.
    * Wall Street's median 12-month price target for MarketWise
Inc is
$3.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.05           0.00           Missed
 Mar. 31 2023      0.00           0.05           Beat
 Dec. 31 2022      0.02           0.14           Beat
 Sep. 30 2022      0.09           -0.17          Missed