A Preview Of Marchex's Earnings
Portfolio Pulse from Benzinga Insights
Marchex (NASDAQ:MCHX) is scheduled to release its quarterly earnings report on March 14, 2024, with analysts expecting an EPS of $0.00. The company's past earnings performance shows a mix of beats and misses, with the share price reacting accordingly. Shares are currently trading at $1.3, down 28.44% over the last year, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for the earnings outcome and any forward guidance provided.
March 13, 2024 | 6:02 pm
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NEUTRAL IMPACT
Marchex is expected to report an EPS of $0.00 for the upcoming earnings, with past performance showing a mix of beats and misses. Shares have declined 28.44% over the last year, indicating bearish sentiment.
Given the mixed past performance and the current bearish sentiment reflected in the 28.44% YOY decline in share price, the short-term impact of the earnings report is uncertain. The guidance provided will likely play a crucial role in determining the stock's direction. The score is neutral due to the uncertainty of the earnings outcome and its potential impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100