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

MarketWise

12/05/2023 21:29

* MarketWise Inc  MKTW.OQ  reported quarterly adjusted
earnings of
5 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for breakeven
results per share.
    * Revenue fell 7.7% to $126.23 million from a year ago;
analysts
expected $110.44 million. 
    * MarketWise Inc's reported EPS for the quarter was 5
cents​.
    * The mean earnings estimate of analysts had risen by
about 100%
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 3.2% this quarter and
gained 6.5% so far this year.
    * The company reported quarterly net income of $1.47
million.
    * Wall Street's median 12-month price target for MarketWise
Inc is
$3.25 
    * 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 May
12 at 08:29 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.07           0.04           Missed