PubMatic Inc expected to post a loss of 11 cents a share - Earnings Preview

PubMatic

04/05/2024 03:06

* PubMatic Inc  PUBM.OQ   PUBM.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Redwood City California-based  company is expected to
report
a 11.9% increase in revenue to $61.989 million from $55.41
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for PubMatic Inc is for a
loss
of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"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 PubMatic
Inc is
$25.50​, above​ its last closing price of $23.43. ​​​

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  0.20        0.20       0.34      Beat    70.1
 Sep. 30 2023  -0.07       -0.05      0.03      Beat    160.5
 Jun. 30 2023  -0.05       -0.06      -0.11     Missed  -98.2​
 Mar. 31 2023  -0.22       -0.22      -0.11     Beat    49.6
 ​​Jan.        0.26        0.26       0.22      Missed  -14.8
 1 0001                                                 
 Sep. 30 2022  0.14        0.13       0.22      Beat    67.1​
 Jun. 30 2022  0.08        0.08       0.14      Beat    81
 Mar. 31 2022  0.04        0.05       0.08      Beat    67.7
 This summary was machine generated May 4 at 02:06 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)