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

Marqeta

05/05/2023 23:06

* Marqeta Inc  MQ.OQ   MQ.O  is expected to show a rise in
quarterly revenue when it reports  results on May 9. 
    * The Oakland California-based  company is expected to
report  a
27.6% increase in revenue to $211.893 million from $166.1
million a year ago, according to the mean estimate from 12
analysts, based on Refinitiv data. The company's guidance on
February 28 2023, for the period ended March 31, was for revenue
between $209.29 million and $212.61 million.
    * ​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 10 "strong buy" or "buy," 5
"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
$6​, above​ its last closing price of $4.31. ​​​

The company's guidance on February 28 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 209.28852 million and -46.01467
million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.09       -0.09      -0.05     Beat    45.1
 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.        -0.06       -0.07      0.00      Beat    100
 31 2021                                                
 Sep. 30 2021  -0.13       -0.13      -0.01     Beat    92.5​
 Jun. 30 2021  -0.09       -0.08      -0.05     Beat    38.4
 This summary was machine generated May 5 at 22:06 GMT.  All
figures in US dollars  unless otherwise stated