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

Marqeta

01/03/2023 06:06

* Marqeta Inc  MQ.OQ  reported a quarterly adjusted loss
of 5
cents​​ per share for the quarter ended in December. The mean
expectation of fourteen analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue rose 31.1% to $203.81 million from a year ago;
analysts
expected $201.94 million. 
    * Marqeta Inc's reported EPS for the quarter was a loss of 5
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Marqeta Inc shares had fallen by 5.1% this quarter.
    * The company reported a quarterly loss of $26.33 million.
    * Wall Street's median 12-month price target for Marqeta Inc
is
$8.00 
    * 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." 

This summary was machine generated from Refinitiv data March 1
at 06:05 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.09          -0.05          Beat
 Sep. 30 2022      -0.09          -0.10          Missed
 Jun. 30 2022      -0.10          -0.08          Beat
 Mar. 31 2022      -0.08          -0.04          Beat