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

Marqeta

05/08/2023 01:43

* Marqeta Inc  MQ.OQ   MQ.O  is expected to show a rise in
quarterly revenue when it reports  results on August 8. 
    * The Oakland California-based  company is expected to
report  a
17.5% increase in revenue to $219.255 million from $186.68
million a year ago, according to the mean estimate from 12
analysts, based on Refinitiv data. The company's guidance on May
9 2023, for the period ended June 30, was for revenue between
$218.41 million and $222.15 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," 8
"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
$6​, above​ its last closing price of $5.05. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 218.41326 million and -8.88587 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  
 Mar. 31 2023  -0.09       -0.09      -0.13     Missed  -37.8
 Dec. 31 2023  -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.        -0.08       -0.08      -0.04     Beat    52.9
 31 2022                                                
 Dec. 31 2021  -0.06       -0.07      0.00      Beat    100​
 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 August 5 at 00:43 GMT.  All
figures in US dollars  unless otherwise stated