Impinj Inc expected to post earnings of 48 cents a share - Earnings Preview

Impinj

21/10/2024 23:05

* Impinj Inc  PI.OQ   PI.O  is expected to show a rise in
quarterly revenue when it reports  results on October 23 for the
period ending September 30 2024
    * The Seattle Washington-based  company is expected to
report a
42.9% increase in revenue to $92.883 million from $65.01 million
a year ago, according to the mean estimate from 10 analysts,
based on LSEG data.The company's guidance on July 24 2024, for
the period ended September 30, was for revenue between $91.00
million and $94.00 million.
    * ​LSEG's mean analyst estimate for Impinj Inc is for
earnings of
48 cents per share. The company's EPS guidance on July 24 2024,
for the period ended September 30, was between $0.46 and $0.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"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
$200.00​, below​ its last closing price of $218.30. ​​​

The company's guidance on July 24 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD91 million and
USD15.3 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.74        0.74       0.83      Beat    12.3
 Mar. 31 2024  0.11        0.11       0.21      Beat    92.5
 Dec. 31 2023  0.04        0.02       0.09      Beat    295.6​
 Sep. 30 2023  -0.10       -0.10      0.00      Beat    104.1
 ​​Jun.        0.31        0.31       0.33      Beat    7.4
 30 2023                                                
 Mar. 31 2023  0.33        0.33       0.30      Missed  -9.6​
 Jan. 1 0001   0.41        0.41       0.41      Met     1.2
 Sep. 30 2022  0.16        0.16       0.34      Beat    110.3
 This summary was machine generated October 21 at 22:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)