Mitek Systems Inc expected to post earnings of 26 cents a share - Earnings Preview
07/08/2024 03:58
* Mitek Systems Inc MITK.OQ MITK.O is expected to show a
rise
in quarterly revenue when it reports results on August 8 for
the period ending June 30 2024
* The San Diego California-based company is expected to
report a
11.4% increase in revenue to $47.986 million from $43.07 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 26 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 $19.00, above its last closing price of $11.01.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.28 0.27 0.24 Missed -11.1
Dec. 31 2024 0.19 0.18 0.14 Missed -21.5
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. 0.22 0.21 0.29 Beat 35.9
31 2023
Dec. 31 2022 0.22 0.20 0.31 Beat 56.9
Sep. 30 2022 0.14 0.20 0.20 Met 1.4
Jun. 30 2022 0.20 0.20 0.23 Beat 13.2
This summary was machine generated August 7 at 02:58 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)