Adeia Inc expected to post earnings of 23 cents a share - Earnings Preview

Adeia

02/08/2024 23:21

* Adeia Inc  ADEA.OQ   ADEA.O  is expected to show a rise in
quarterly revenue when it reports  results on August 6 for the
period ending January 1 0001
    * The San Jose California-based  company is expected to
report a
1.2% increase in revenue to $84.246 million from $83.22 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Adeia Inc is for
earnings of
23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Adeia Inc
is
$15.00​, above​ its last closing price of $11.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.21        0.21       0.25      Beat    19.8
 Jan. 1 0001   0.25        0.25       0.27      Beat    8.7
 Sep. 30 2023  0.26        0.26       0.38      Beat    47.9​
 Jun. 30 2023  0.25        0.25       0.26      Beat    2.4
 ​​Jan.        0.33        0.33       0.48      Beat    
 1 0001                                                 
 Jan. 1 0001               0.30       0.41      Beat    38.2​
 Sep. 30 2022              0.32       0.31      Missed  -2
 Jun. 30 2022  0.43        0.40       0.52      Beat    29.8
 This summary was machine generated August 2 at 22:21 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)