Marqeta Inc reports results for the quarter ended December 31 - Earnings Summary

Marqeta

26/02/2025 22:41

Marqeta Inc MQ.OQ reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -8 cents.  The mean expectation of fourteen analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -9 cents to -4 cents per share.

Revenue rose 14.3% to $135.79 million from a year ago; analysts expected $132.75 million.

Marqeta Inc's reported EPS for the quarter was a loss of 5 cents​.

The company reported a quarterly loss of $27.12 million.

Marqeta Inc shares had fallen by 0.8% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the financial technology (fintech) peer group is also "hold"

Wall Street's median 12-month price target for Marqeta Inc is $5.00

This summary was machine generated from LSEG data February 26 at 10:41 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
-0.05
-0.05
Met
Sep. 30 2024
-0.05
-0.06
Missed
Jun. 30 2024
0.17
0.23
Beat
Mar. 31 2024
-0.07
-0.07
Met