Innovative Solutions and Support Inc reports results for the quarter ended December 31 - Earnings Summary

Innovative Solutions and Support

13/02/2025 22:01

* Innovative Solutions and Support Inc  ISSC.OQ  reported
quarterly adjusted earnings of 4 cents​​ per share for the
quarter ended December 31.  The mean expectation of two analysts
for the quarter was for earnings of 12 cents per share. Wall
Street expected results to range from 9 cents to 15 cents per
share.
    * Revenue was $15.97 million​; analysts expected $12.23
million. 
    * Innovative Solutions and Support Inc's reported EPS for
the
quarter was 4 cents​.
    * The company reported quarterly net income of $736.19
thousand.
    * Innovative Solutions and Support Inc shares had risen
by 30.4%
this quarter.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is  "buy."

Wall Street's median 12-month price target for Innovative
Solutions and Support Inc is $10.65 
This summary was machine generated from LSEG data February 13 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.12           0.04           Missed