PubMatic Inc expected to post a loss of 22 cents a share - Earnings Preview

PubMatic

06/05/2023 02:27

* PubMatic Inc  PUBM.OQ   PUBM.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 9. 
    * The Redwood City California-based  company is expected to
report
 a 6.7% decrease in revenue to $50.923 million from $54.55
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. The company's guidance on
February 28 2023, for the period ended March 31, was for revenue
between $50.00 million and $52.00 million.
    * ​Refinitiv's mean analyst estimate for PubMatic Inc is for
a
loss of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"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
$17​, above​ its last closing price of $12.15. ​​​

The company's guidance on February 28 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD50 million and USD5.2 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.26        0.26       0.22      Missed  -14.8
 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
 ​​Dec.        0.27        0.27       0.42      Beat    53.8
 31 2021                                                
 Sep. 30 2021  0.09        0.09       0.24      Beat    169.2​
 Jun. 30 2021  0.08        0.08       0.18      Beat    125
 Mar. 31 2021  0.00        0.00       0.09      Beat    4,400
 This summary was machine generated May 6 at 01:27 GMT.  All
figures in US dollars  unless otherwise stated