Impinj Inc expected to post earnings of 16cents a share - Earnings Preview

Impinj

25/10/2022 24:13

* Impinj Inc  PI.OQ   PI.O  is expected to show a rise in
quarterly revenue when it reports  results on October 26. 
    * The Seattle Washington-based  company is expected to
report  a
43.1% increase in revenue to $64.691 million from $45.19 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on July 27 2022,
for the period ended September 30, was for revenue between
$63.50 million and $65.50 million.
    * ​Refinitiv's mean analyst estimate for Impinj Inc is for
earnings of 16 cents per share. The company's EPS guidance on
July 27 2022, for the period ended September 30, was between
USD0.15 and USD0.2 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 Impinj Inc
is
$94​, above​ its last closing price of $84.67. ​​​

The company's guidance on July 27 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD63.5 million and
USD6.6 million.The company's guidance on July 27 2022 for the
period ended September 30 was for gross profit margin of USD54%.
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 2022  -0.01       -0.02      0.11      Beat    787.5
 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
 ​​Jun.        -0.04       -0.04      0.11      Beat    357.8
 30 2021                                                
 Mar. 31 2021  -0.12       -0.12      0.01      Beat    108.1​
 Dec. 31 2020  -0.19       -0.22      -0.15     Beat    30.5
 Sep. 30 2020  -0.32       -0.32      -0.29     Beat    9.4
 This summary was machine generated October 24 at 23:13 GMT.  All
figures in US dollars  unless otherwise stated