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

Impinj

03/02/2025 21:31

* Impinj Inc  PI.OQ   PI.O  is expected to show a rise in
quarterly revenue when it reports  results on February 5 for the
period ending December 31 2024
    * The Seattle Washington-based  company is expected to
report a
31.6% increase in revenue to $92.953 million from $70.65 million
a year ago, according to the mean estimate from 10 analysts,
based on LSEG data.The company's guidance on January 14 2025,
for the period ended December 31, 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 October 23
2024, for the period ended December 31, was between 0.45 and
0.49 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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
$235.00​, above​ its last closing price of $126.89. ​​​

The company's guidance on January 14 2025 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 91 million and 15.1
million.The company's guidance on October 23 2024 for the period
ended December 31 was for gross profit margin of 53%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.48        0.48       0.56      Beat    17.5
 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.        -0.10       -0.10      0.00      Beat    104.1
 30 2023                                                
 Jun. 30 2023  0.31        0.31       0.33      Beat    7.4​
 Mar. 31 2023  0.33        0.33       0.30      Missed  -9.6
 Dec. 31 2022  0.41        0.41       0.41      Met     1.2
 This summary was machine generated February 3 at 21:31 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)