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

Innovid

03/05/2024 15:42

* Innovid Corp  CTV.N   CTV  is expected to show a rise in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
14.8% increase in revenue to $35 million from $30.49 million a
year ago, according to the mean estimate from 2 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 2 "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
$2.25​, below​ its last closing price of $2.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.00        -0.01      0.00      Beat    25
 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
 ​​Jan.        -0.01       -0.02      -0.03     Missed  -50
 1 0001                                                 
 Sep. 30 2022  -0.05       -0.05      -0.09     Missed  -92.8​
 Jun. 30 2022  -0.04       -0.03      0.03      Beat    185.7
 Mar. 31 2022  -0.05       -0.05      -0.06     Missed  -20
 This summary was machine generated May 3 at 14:41 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)