Immersion Corp expected to post earnings of 9  cents a share - Earnings Preview

Immersion

05/05/2021 01:55

* Immersion Corp  IMMR.OQ   IMMR.O  is expected to show a rise
in quarterly revenue when it reports results on May 6.
* The San Francisco, California-based company is expected to
report   a 15.9% increase in revenue to $7.25 million from $6.26
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 9 cents per share. For the same quarter last year,
the company reported a loss of 8 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 had risen by
about 25.6% in the last three months. ​
* Wall Street's median 12-month price target for Immersion Corp
is $13.5​, about 36.5% above​ its last closing price
of $8.57. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  -0.04       -0.04      -0.08     Missed  -100
 Dec.          0.09​       0.09       0.10      Beat    17.6​
 31​ 2019​                                              
 Sep. 30 2019  0.08        0.05       0.00      Missed  -100​
 Jun. 30 2019  -0.15       -0.15      -0.24     Missed  -60
 Mar. 31 2019  -0.29       -0.29      -0.28     Beat    2.3
 This summary was machine generated May 5 at 00:55 GMT.  All
figures in US dollars unless otherwise stated