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

Marqeta

09/11/2022 22:43

* Marqeta Inc  MQ.OQ  reported a quarterly adjusted loss
of 10
cents​​ per share for the quarter ended in September. The mean
expectation of fourteen analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue rose 45.7% to $191.62 million from a year ago;
analysts
expected $180.85 million. 
    * Marqeta Inc's reported EPS for the quarter was a loss
of 10
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Marqeta Inc shares had fallen by 4.2% this quarter and
lost 60.3% so far this year.
    * The company reported a quarterly loss of $53.17 million.
    * Wall Street's median 12-month price target for Marqeta Inc
is
$10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
9 at 10:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.09          -0.10          Missed
 Jun. 30 2022      -0.10          -0.08          Beat
 Mar. 31 2022      -0.08          -0.04          Beat
 Dec. 31 2021      -0.07          0.00           Beat