Marqeta Inc expected to post a loss of 9 cents a share - Earnings Preview

Marqeta

25/02/2023 24:22

* Marqeta Inc  MQ.OQ   MQ.O  is expected to show a rise in
quarterly revenue when it reports  results on February 28. 
    * The Oakland California-based  company is expected to
report  a
29.9% increase in revenue to $201.935 million from $155.41
million a year ago, according to the mean estimate from 16
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Marqeta Inc is for
a loss
of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 7
"hold" and 1 "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
$9​, above​ its last closing price of $5.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.09       -0.09      -0.10     Missed  -7.2
 Jun. 30 2022  -0.10       -0.10      -0.08     Beat    23
 Mar. 31 2022  -0.08       -0.08      -0.04     Beat    52.9​
 Dec. 31 2021  -0.06       -0.07      0.00      Beat    100
 ​​Sep.        -0.13       -0.13      -0.01     Beat    92.5
 30 2021                                                
 Jun. 30 2021  -0.09       -0.08      -0.05     Beat    38.4​
 This summary was machine generated February 25 at 00:22 GMT. 
All figures in US dollars  unless otherwise stated