Impinj Inc expected to post a loss of 10 cents a share - Earnings Preview

Impinj

24/10/2023 01:18

* Impinj Inc  PI.OQ   PI.O  is expected to show a fall in
quarterly revenue when it reports  results 
    * The Seattle Washington-based  company is expected to
report  a
5.2% decrease in revenue to $64.749 million from $68.27 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on July 26 2023,
for the period ended September 30, was for revenue between
$63.00 million and $66.00 million.
    * ​Refinitiv's mean analyst estimate for Impinj Inc is for a
loss
of 10 cents per share. The company's EPS guidance on July 26
2023, for the period ended September 30, was between $-0.12 and
$-0.06 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and 1 "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 Impinj Inc
is
$90.5​, above​ its last closing price of $51.50. ​​​

The company's guidance on July 26 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 63 million and -1.8
million (USD).The company's guidance on July 26 2023 for the
period ended September 30 was for gross profit margin of
USD47.95%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.31        0.31       0.33      Beat    7.4
 Mar. 31 2023  0.33        0.33       0.30      Missed  -9.6
 Dec. 31 2022  0.41        0.41       0.41      Met     1.2​
 Sep. 30 2022  0.16        0.16       0.34      Beat    110.3
 ​​Jun.        -0.01       -0.02      0.11      Beat    787.5
 30 2022                                                
 Mar. 31 2022  -0.01       -0.01      0.09      Beat    887.4​
 Dec. 31 2021  0.04        0.03       0.16      Beat    540
 Sep. 30 2021  -0.10       -0.10      -0.04     Beat    59.8
 This summary was machine generated October 24 at 00:17 GMT.  All
figures in US dollars  unless otherwise stated