Innovex International Inc expected to post earnings of 26 cents a share - Earnings Preview

Innovex International

23/10/2024 05:04

* Innovex International Inc  INVX.N   INVX.K  is expected
to show
a rise in quarterly revenue when it reports  results  for the
period ending September 30 2024
    * The Houston Texas-based  company is expected to report a
15.1% increase in revenue to $135 million from $117.24 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Innovex International
Inc is
for earnings of 26 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 1 "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 Innovex
International Inc is $24.00​, above​ its last closing price
of $15.14. ​​​

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  0.19        0.22       0.10      Missed  -54.5
 Mar. 31 2024  0.09        0.09       -0.62     Missed  -796.6
 Jan. 1 0001   0.17        0.18       0.04      Missed  -77.4​
 Sep. 30 2023  0.12        0.10       -0.15     Missed  -243.2
 ​​Mar.        0.03                   -0.03             -148.6
 31 2023                                                
 Mar. 31 2023              -0.01      -0.01     Met     -42.9​
 Dec. 31 2022  -0.05       -0.05      0.06      Beat    229.5
 Sep. 30 2022  -0.01       -0.03      0.05      Beat    283.5
 This summary was machine generated October 23 at 04:04 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)