MeridianLink Inc expected to post earnings of 7 cents a share - Earnings Preview

Meridianlink

04/05/2024 02:47

* MeridianLink Inc  MLNK.N   MLNK.K  is expected to show a
fall in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Costa Mesa California-based  company is expected to
report a
0.3% decrease in revenue to $76.934 million from $77.14 million
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for MeridianLink Inc is for
earnings of 7 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 50.6%
in the last three months. ​
    * Wall Street's median 12-month price target for
MeridianLink Inc
is $21.00​, above​ its last closing price of $17.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.10       -0.07      -0.29     Missed  -333.9
 Sep. 30 2023  0.03        0.04       0.10      Beat    129.9
 Jun. 30 2023  0.04        0.06       0.03      Missed  -45.6​
 Mar. 31 2023  0.05        0.05       0.01      Missed  -79.3
 ​​Dec.        0.01        0.01       0.03      Beat    462.9
 31 2022                                                
 Sep. 30 2022  0.08        0.08       0.06      Missed  -25.9​
 Jun. 30 2022  0.09        0.09       0.09      Met     -2.7
 Mar. 31 2022  0.08        0.07       0.17      Beat    131
 This summary was machine generated May 4 at 01:47 GMT.  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)