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

PubMatic

24/02/2024 01:27

* PubMatic Inc  PUBM.OQ   PUBM.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 26 for
the period ending December 31 2023
    * The Redwood City California-based  company is expected to
report
a 5.3% increase in revenue to $78.197 million from $74.3 million
a year ago, according to the mean estimate from 10 analysts,
based on LSEG data.The company's guidance on November 8 2023,
for the period ended December 31, was for revenue between $76.00
million and $80.00 million.
    * ​LSEG's mean analyst estimate for PubMatic Inc is for
earnings
of 20 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
$17.00​, above​ its last closing price of $16.36. ​​​

The company's guidance on November 8 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD76 million and USD35
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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​
 Dec. 31 2022  0.26        0.26       0.22      Missed  -14.8
 ​​Sep.        0.14        0.13       0.22      Beat    67.1
 30 2022                                                
 Jun. 30 2022  0.08        0.08       0.14      Beat    81​
 Mar. 31 2022  0.04        0.05       0.08      Beat    67.7
 Dec. 31 2021  0.27        0.27       0.42      Beat    53.8
 This summary was machine generated February 24 at 01:27 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)