PubMatic Inc expected to post a loss of 6 cents a share - Earnings Preview

PubMatic

05/08/2023 03:11

* PubMatic Inc  PUBM.OQ   PUBM.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 8. 
    * The Redwood City California-based  company is expected to
report
 a 4.1% decrease in revenue to $60.47 million from $63.03
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. The company's guidance on May
9 2023, for the period ended June 30, was for revenue between
$58.00 million and $61.00 million.
    * ​Refinitiv's mean analyst estimate for PubMatic Inc is for
a
loss of 6 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
$21​, above​ its last closing price of $19.48. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD58 million and USD15 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  
 Mar. 31 2023  -0.22       -0.22      -0.11     Beat    49.6
 Dec. 31 2023  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.        0.04        0.05       0.08      Beat    67.7
 31 2022                                                
 Dec. 31 2021  0.27        0.27       0.42      Beat    53.8​
 Sep. 30 2021  0.09        0.09       0.24      Beat    169.2
 Jun. 30 2021  0.08        0.08       0.18      Beat    125
 This summary was machine generated August 5 at 02:10 GMT.  All
figures in US dollars  unless otherwise stated