Innovid Corp expected to post a loss of 1 cent a share - Earnings Preview

Innovid

23/02/2024 15:25

* Innovid Corp  CTV.N   CTV  is expected to show a rise in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
7.4% increase in revenue to $36.2 million from $33.7 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Innovid Corp is for a
loss
of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 Innovid
Corp is
$2.38​, above​ its last closing price of $1.57. ​​​

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 2023  -0.02       -0.01      -0.01     Met     25
 Jun. 30 2023  -0.03       -0.03      -0.13     Missed  -333.3
 Mar. 31 2023  -0.05       -0.05      -0.05     Met     -7.1​
 Dec. 31 2022  -0.01       -0.02      -0.03     Missed  -50
 ​​Sep.        -0.05       -0.05      -0.09     Missed  -92.8
 30 2022                                                
 Jun. 30 2022  -0.04       -0.03      0.03      Beat    185.7​
 Mar. 31 2022  -0.05       -0.05      -0.06     Missed  -20
 Dec. 31 2021  -0.01       -0.01      -0.59     Missed  -8,745
                                                        .6
 This summary was machine generated February 23 at 15:25 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)