MediaAlpha (NYSE:MAX) is set to give its latest quarterly earnings report on Thursday, 2022-02-24. Here's what investors need to know before the announcement.

Analysts estimate that MediaAlpha will report an earnings per share (EPS) of $-0.01.

MediaAlpha bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed EPS by $0.11, which was followed by a 0.75% drop in the share price the next day.

Here's a look at MediaAlpha's past performance and the resulting price change:

Stock Performance

Shares of MediaAlpha were trading at $12.14 as of February 22. Over the last 52-week period, shares are down 78.2%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

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