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Marqeta (MQ) Reports Q3 Loss, Tops Revenue Estimates
MQMarqeta(MQ) ZACKS·2024-11-04 23:56

Marqeta (MQ) came out with a quarterly loss of 0.06pershareinlinewiththeZacksConsensusEstimate.Thiscomparestolossof0.06 per share in line with the Zacks Consensus Estimate. This compares to loss of 0.07 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this transaction processing services provider would post earnings of 0.19persharewhenitactuallyproducedearningsof0.19 per share when it actually produced earnings of 0.23, delivering a surprise of 21.05%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Marqeta, whic ...