Marqeta Inc <MQ.OQ> expected to post a loss of 5 cents a share - Earnings Preview
Marqeta Inc MQ.OQ MQ.O is expected to show a rise in quarterly revenue when it reports results on February 26 for the period ending December 31 2024
The Oakland California-based company is expected to report a 11.7% increase in revenue to $132.747 million from $118.82 million a year ago, according to the mean estimate from 13 analysts, based on LSEG data.The company's guidance on November 4 2024, for the period ended December 31, was for revenue between $130.70 million and $133.08 million.
LSEG's mean analyst estimate for Marqeta Inc is for a loss of 5 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 11 "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 Marqeta Inc is $5.00, above its last closing price of $3.69.
The company's guidance on November 4 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD130.7042 million and USD9.31564 million.The company's guidance on August 7 2024 for the period ended December 31 was for gross profit margin between USD71% and USD73%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.05 | -0.05 | -0.06 | Missed | -11.1 |
Jun. 30 2024 | 0.19 | 0.17 | 0.23 | Beat | 38.9 |
Mar. 31 2024 | -0.08 | -0.07 | -0.07 | Met | 6.5 |
Dec. 31 2023 | -0.08 | -0.09 | -0.08 | Beat | 6.2 |
Sep. 30 2023 | -0.08 | -0.09 | -0.10 | Missed | -18.3 |
Jun. 30 2023 | -0.09 | -0.09 | -0.11 | Missed | -17.9 |
Mar. 31 2023 | -0.09 | -0.09 | -0.13 | Missed | -37.8 |
Dec. 31 2022 | -0.09 | -0.09 | -0.05 | Beat | 45.1 |
This summary was machine generated February 24 at 21:12 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)
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