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

Quotient Technology

06/05/2023 03:06

* Quotient Technology Inc  QUOT.N   QUOT.K  is expected
to show a
fall in quarterly revenue when it reports  results on May 9. 
    * The Salt Lake City Utah-based  company is expected to
report  a
23.5% decrease in revenue to $60.03 million from $78.46 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on February 28
2023, for the period ended March 31, was for revenue between
$55.00 million and $65.00 million.
    * ​Refinitiv's mean analyst estimate for Quotient Technology
Inc
is for a loss of 6 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The average consensus recommendation for the advertising &
marketing peer group is also "Hold".​
    * Wall Street's median 12-month price target for Quotient
Technology Inc is $3​, above​ its last closing price of $2.86.
​​​

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 USD55 million and USD5 million.
This summary was machine generated May 6 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated