Impinj Inc expected to post earnings of 41cents a share - Earnings Preview

Impinj

06/02/2023 22:01

* Impinj Inc  PI.OQ   PI.O  is expected to show a rise in
quarterly revenue when it reports  results on February 8. 
    * The Seattle Washington-based  company is expected to
report  a
42.9% increase in revenue to $75.148 million from $52.57 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on January 10
2023, for the period ended December 31, was for revenue of
76.000 million.
    * ​Refinitiv's mean analyst estimate for Impinj Inc is for
earnings of 41 cents per share. The company's EPS guidance on
October 26 2022, for the period ended December 31, was between
0.32 and 0.37 
    * 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
$132​, above​ its last closing price of $125.00. ​​​

The company's guidance on October 26 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 76 million and 11.3
million.The company's guidance on October 26 2022 for the period
ended December 31 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  
 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. 31 2021  0.04        0.03       0.16      Beat    540
 ​​Sep.        -0.10       -0.10      -0.04     Beat    59.8
 30 2021                                                
 Jun. 30 2021  -0.04       -0.04      0.11      Beat    357.8​
 Mar. 31 2021  -0.12       -0.12      0.01      Beat    108.1
 Dec. 31 2020  -0.19       -0.22      -0.15     Beat    30.5
 This summary was machine generated February 6 at 22:01 GMT.  All
figures in US dollars  unless otherwise stated