Mitek Systems Inc expected to post earnings of 20  cents a share - Earnings Preview

Mitek Systems

27/06/2023 21:06

* Mitek Systems Inc  MITK.OQ   MITK.O  is expected to show a
rise
in quarterly revenue when it reports  results on June 29. 
    * The San Diego California-based  company is expected to
report  a
15.4% increase in revenue to $38.386 million from $33.27 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mitek Systems Inc
is for
earnings of 20 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "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 $17.5​, above​ its last closing price of $10.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2021  0.19        0.19       0.22      Beat    13.5
 ​​Jun.        0.17        0.16       0.23      Beat    41.3
 30 2021                                                
 Mar. 31 2021  0.15        0.14       0.16      Beat    14.3​
 Dec. 31 2020  0.13        0.13       0.14      Beat    5.7
 Sep. 30 2020  0.15        0.14       0.26      Beat    89.1
 This summary was machine generated June 27 at 20:06 GMT.  All
figures in US dollars  unless otherwise stated