Mitek Systems Inc expected to post earnings of 18 cents a share - Earnings Preview
12/04/2024 21:06
* Mitek Systems Inc MITK.OQ MITK.O is expected to show a
fall
in quarterly revenue when it reports results on April 15 for
the period ending December 31 2023
* The San Diego California-based company is expected to
report a
14.6% decrease in revenue to $39.019 million from $45.7 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
* LSEG's mean analyst estimate for Mitek Systems Inc is for
earnings of 18 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "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 Mitek
Systems Inc
is $18.00, above its last closing price of $14.66.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.15 0.14 0.15 Beat 11.1
Jun. 30 2023 0.15 0.18 0.20 Beat 9.6
Mar. 31 2023 0.22 0.21 0.29 Beat 35.9
Dec. 31 2022 0.22 0.20 0.31 Beat 56.9
Sep. 0.14 0.20 0.20 Met 1.4
30 2022
Jun. 30 2022 0.20 0.20 0.23 Beat 13.2
Mar. 31 2022 0.19 0.20 0.24 Beat 21.8
Dec. 31 2021 0.17 0.16 0.22 Beat 37.5
This summary was machine generated April 12 at 20:06 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)