Cardlytics (CDLX) Set to Announce Quarterly Earnings on Tuesday

Cardlytics (NASDAQ:CDLX) is scheduled to announce its earnings results after the market closes on Tuesday, August 14th. Analysts expect the company to announce earnings of ($0.48) per share for the quarter.

Cardlytics (NASDAQ:CDLX) last issued its quarterly earnings data on Thursday, May 10th. The company reported ($0.60) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.62) by $0.02. The company had revenue of $32.71 million during the quarter, compared to analysts’ expectations of $29.74 million. On average, analysts expect Cardlytics to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of NASDAQ:CDLX opened at $19.82 on Friday. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.81. Cardlytics has a 52-week low of $11.10 and a 52-week high of $25.71. The firm has a market capitalization of $381.37 million and a PE ratio of -2.47.

Separately, Gabelli restated a “buy” rating on shares of Cardlytics in a research report on Monday, April 23rd. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Cardlytics currently has an average rating of “Buy” and a consensus target price of $22.40.

About Cardlytics

Cardlytics, Inc operates a purchase intelligence platform in the United States and the United Kingdom. It operates in two segments, Cardlytics Direct and Other Platform Solutions. The company's platform is the Cardlytics Direct solution, a proprietary native bank advertising channel that enables marketers to reach consumers through their trusted and frequently visited online and mobile banking channels.

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