Quotient Technology Inc expected to post breakeven results a share - Earnings Preview

Quotient Technology

03/02/2023 11:36

* Quotient Technology Inc  QUOT.N   QUOT.K  is expected
to show a
fall in quarterly revenue when it reports  results on February 7
(estimated). 
    * The Salt Lake City Utah-based  company is expected to
report  a
42.9% decrease in revenue to $83.66 million from $146.41 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on November 8
2022, for the period ended December 31, was for revenue between
$76.00 million and $91.00 million.
    * ​Refinitiv's mean analyst estimate for Quotient Technology
Inc
is for breakeven results 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​, below​ its last closing price of $4.20.
​​​

The company's guidance on November 8 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD76 million and USD18
million.The company's guidance on February 9 2022 for the period
ended December 31 was for gross profit margin of USD60%.
This summary was machine generated February 3 at 11:36 GMT.  All
figures in US dollars  unless otherwise stated