Immersion Corp expected to post earnings of 17 cents a share - Earnings Preview

Immersion

13/08/2021 21:44

* Immersion Corp  IMMR.OQ   IMMR.O  is expected to show a rise
in quarterly revenue when it reports results on August 16. 
* The San Francisco, California-based company is expected to
report   a 65.4% increase in revenue to $9.375 million from
$5.67 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 17 cents per share. For the same quarter last year,
the company reported earnings of 3 cents per share.
* The current average analyst rating on the shares is "strong
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 $13.5​, about 45% above​ its last closing price of $7.43. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.10        0.10       0.10      Met     0
 Dec. 31 2020  0.26        0.25       0.29      Beat    18.4
 Sep. 30 2020  0.10        0.09       0.15      Beat    66.7​
 Jun. 30 2020  -0.04       -0.03      0.03      Beat    185.7
 Mar.          -0.04​      -0.04      -0.08     Missed  -100​
 31​ 2020​                                              
 Dec. 31 2019  0.09        0.09       0.10      Beat    17.6​
 Sep. 30 2019  0.08        0.05       0.00      Missed  -100
 Jun. 30 2019  -0.15       -0.15      -0.24     Missed  -60
 This summary was machine generated August 13 at 20:44 GMT.  All
figures in US dollars unless otherwise stated