Innovex International Inc reports results for the quarter ended June 30 - Earnings Summary
Innovex International Inc reports results for the quarter ended June 30 - Earnings Summary
Innovex International Inc INVX.N reported quarterly adjusted earnings of 40 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of five analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 28 cents to 34 cents per share.
Revenue rose 9.2% to $244.90 million from a year ago; analysts expected $240.76 million.
Innovex International Inc's reported EPS for the quarter was 36 cents.
The company reported quarterly net income of $25.03 million.
Innovex International Inc shares had risen by 13.2% this quarter and gained 28.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 11.2% in the last three months.
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 "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is also "buy"
Wall Street's median 12-month price target for Innovex International Inc is $35.00, about 19.1% above its last closing price of $28.30
This summary was machine generated from LSEG data August 3 at 09:38 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 |
Jun. 30 2026 | 0.31 | 0.40 | Beat |
Mar. 31 2026 | 0.27 | 0.55 | Beat |
Dec. 31 2025 | 0.33 | 0.36 | Beat |
Sep. 30 2025 | 0.31 | 0.12 | Missed |
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