Marqeta (MQ) Reports Q2 Earnings: What Key Metrics Have to Say

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Marqeta performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Total Processing Volume (TPV): $120.42 billion versus the two-analyst average estimate of $120.17 billion.
• Net Revenue- Platform services revenue, net: $163.68 million versus the two-analyst average estimate of $163.83 million. The reported number represents a year-over-year change of +14.4%.
• Net Revenue- Other services revenue: $12.31 million compared to the $8.95 million average estimate based on two analysts. The reported number represents a change of +69.7% year over year.

View all Key Company Metrics for Marqeta here>>>

Shares of Marqeta have returned +6.1% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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