Marqeta Inc expected to post a loss of 5 cents a share - Earnings Preview

Marqeta

24/02/2025 21:12

* Marqeta Inc  MQ.OQ   MQ.O  is expected to show a rise in
quarterly revenue when it reports  results on February 26 for
the period ending December 31 2024
    * The Oakland California-based  company is expected to
report a
11.7% increase in revenue to $132.747 million from $118.82
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data.The company's guidance on November
4 2024, for the period ended December 31, was for revenue
between $130.70 million and $133.08 million.
    * ​LSEG's mean analyst estimate for Marqeta Inc is for a
loss of 5
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 11
"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 Marqeta Inc
is
$5.00​, above​ its last closing price of $3.69. ​​​

The company's guidance on November 4 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD130.7042 million and
USD9.31564 million.The company's guidance on August 7 2024 for
the period ended December 31 was for gross profit margin between
USD71% and USD73%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.05       -0.05      -0.06     Missed  -11.1
 Jun. 30 2024  0.19        0.17       0.23      Beat    38.9
 Mar. 31 2024  -0.08       -0.07      -0.07     Met     6.5​
 Dec. 31 2023  -0.08       -0.09      -0.08     Beat    6.2
 ​​Sep.        -0.08       -0.09      -0.10     Missed  -18.3
 30 2023                                                
 Jun. 30 2023  -0.09       -0.09      -0.11     Missed  -17.9​
 Mar. 31 2023  -0.09       -0.09      -0.13     Missed  -37.8
 Dec. 31 2022  -0.09       -0.09      -0.05     Beat    45.1
 This summary was machine generated February 24 at 21:12 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)