Marqeta Inc MQ shares are trading lower by 6.05% at $6.60. Traders and investors are watching for the company’s first-quarter earnings report, confirmed for Tuesday’s after-hours session.
According to analyst consensus estimates, Marqeta is expected to report an EPS loss of 8 cents on revenue of $161.27 million. The company last quarter met EPS estimates and beat revenue estimates by 12.83%.
See Also: Why Coinbase Stock Is Trading At 52-Week Lows
Marqeta provides its clients with a card issuing platform that offers the infrastructure and tools necessary to offer digital, physical and tokenized payment options without the need for a traditional bank.
According to data from Benzinga Pro, Marqeta has a 52-week high of $37.90 and a 52-week low of $6.39.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
