Magnite Inc <MGNI.OQ> expected to post earnings of 7 cents a share - Earnings Preview
Magnite Inc MGNI.OQ MGNI.O is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025
The New York City-based company is expected to report a 10.5% increase in revenue to $144.203 million from $130.55 million a year ago, according to the mean estimate from 11 analysts, based on LSEG data. (SAL is based on Total Revenue excluding TAC)
LSEG's mean analyst estimate for Magnite Inc is for earnings of 7 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 7.4% in the last three months.
Wall Street's median 12-month price target for Magnite Inc is $20.00, above its last closing price of $12.16.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.36 | 0.36 | 0.34 | Missed | -6.2 |
Sep. 30 2024 | 0.16 | 0.16 | 0.17 | Beat | 5.1 |
Jun. 30 2024 | 0.15 | 0.15 | 0.14 | Missed | -9.2 |
Mar. 31 2024 | 0.01 | 0.00 | 0.05 | Beat | 11,527.9 |
Dec. 31 2023 | 0.28 | 0.28 | 0.29 | Beat | 3.3 |
Sep. 30 2023 | 0.10 | 0.08 | 0.12 | Beat | 50 |
Jun. 30 2023 | 0.05 | 0.03 | 0.09 | Beat | 164.7 |
Mar. 31 2023 | -0.02 | -0.04 | 0.04 | Beat | 209.1 |
This summary was machine generated May 5 at 23:14 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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