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

Marqeta

04/11/2023 03:02

* Marqeta Inc  MQ.OQ   MQ.O  is expected to show a fall in
quarterly revenue when it reports  results 
    * The Oakland California-based  company is expected to
report  a
50.2% decrease in revenue to $95.413 million from $191.62
million a year ago, according to the mean estimate from 14
analysts, based on LSEG 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 10 "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
$7​, above​ its last closing price of $5.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2022  -0.09       -0.09      -0.10     Missed  -7.2
 ​​Jun.        -0.10       -0.10      -0.08     Beat    23
 30 2022                                                
 Mar. 31 2022  -0.08       -0.08      -0.04     Beat    52.9​
 Dec. 31 2021  -0.06       -0.07      0.00      Beat    100
 Sep. 30 2021  -0.13       -0.13      -0.01     Beat    92.5
 This summary was machine generated November 4 at 03:01 GMT.  All
figures in US dollars  unless otherwise stated