Impinj Inc expected to post earnings of 33  cents a share - Earnings Preview

Impinj

24/04/2023 22:16

* Impinj Inc  PI.OQ   PI.O  is expected to show a rise in
quarterly revenue when it reports  results on April 26. 
    * The Seattle Washington-based  company is expected to
report  a
57.3% increase in revenue to $83.588 million from $53.14 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on February 8
2023, for the period ended March 31, was for revenue between
82.00 million and 85.00 million.
    * ​Refinitiv's mean analyst estimate for Impinj Inc is for
earnings of 33 cents per share. The company's EPS guidance on
February 8 2023, for the period ended March 31, was between 0.30
and 0.36 
    * 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 had risen by
about 3.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Impinj Inc
is
$142​, above​ its last closing price of $139.99. ​​​

The company's guidance on February 8 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 82 million and 10.7 million.The
company's guidance on February 8 2023 for the period ended March
31 was for gross profit margin between 52% and 53%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -0.01       -0.02      0.11      Beat    787.5​
 Mar. 31 2022  -0.01       -0.01      0.09      Beat    887.4
 ​​Dec.        0.04        0.03       0.16      Beat    540
 31 2021                                                
 Sep. 30 2021  -0.10       -0.10      -0.04     Beat    59.8​
 Jun. 30 2021  -0.04       -0.04      0.11      Beat    357.8
 Mar. 31 2021  -0.12       -0.12      0.01      Beat    108.1
 This summary was machine generated April 24 at 21:16 GMT.  All
figures in US dollars  unless otherwise stated