Impinj Inc expected to post earnings of 30  cents a share - Earnings Preview

Impinj

25/07/2023 03:04

* Impinj Inc  PI.OQ   PI.O  is expected to show a rise in
quarterly revenue when it reports  results on July 26. 
    * The Seattle Washington-based  company is expected to
report  a
42.1% increase in revenue to $84.995 million from $59.8 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on April 26
2023, for the period ended June 30, was for revenue between
84.00 million and 87.00 million.
    * ​Refinitiv's mean analyst estimate for Impinj Inc is for
earnings of 30 cents per share. The company's EPS guidance on
April 26 2023, for the period ended June 30, was between 0.28
and 0.33 
    * 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
$130​, above​ its last closing price of $81.85. ​​​

The company's guidance on April 26 2023 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 84 million and 10.3 million.The
company's guidance on April 26 2023 for the period ended June 30
was for gross profit margin between 53% and 54%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.33        0.33       0.30      Missed  -9.6
 Dec. 31 2023  0.41        0.41       0.41      Met     1.2
 Sep. 30 2022  0.16        0.16       0.34      Beat    110.3​
 Jun. 30 2022  -0.01       -0.02      0.11      Beat    787.5
 ​​Mar.        -0.01       -0.01      0.09      Beat    887.4
 31 2022                                                
 Dec. 31 2021  0.04        0.03       0.16      Beat    540​
 Sep. 30 2021  -0.10       -0.10      -0.04     Beat    59.8
 Jun. 30 2021  -0.04       -0.04      0.11      Beat    357.8
 This summary was machine generated July 25 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated