Immersion Corp expected to post earnings of 14cents a share - Earnings Preview

Immersion

20/02/2023 11:53

* Immersion Corp  IMMR.OQ   IMMR.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 22
(estimated). 
    * The Aventura Florida-based  company is expected to report 
a
15.6% decrease in revenue to $8.228 million from $9.75 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Immersion Corp is
for
earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 Immersion
Corp is
$10.5​, above​ its last closing price of $7.04. ​​​

This summary was machine generated February 20 at 11:53 GMT. 
All figures in US dollars  unless otherwise stated