Innovid Corp expected to post a loss of 3 cents a share - Earnings Preview

Innovid

04/08/2023 19:34

* Innovid Corp  CTV.N   CTV  is expected to show a fall in
quarterly revenue when it reports  results on August 8. 
    * The New York City-based  company is expected to report  a
3.3% decrease in revenue to $32 million from $33.09 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Innovid Corp is for
a
loss of 3 cents 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
$2.5​, above​ its last closing price of $1.06. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.05       -0.05      -0.05     Met     -7.1
 Dec. 31 2023  -0.01       -0.02      -0.03     Missed  -50
 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.        -0.05       -0.05      -0.06     Missed  -20
 31 2022                                                
 Dec. 31 2021  -0.01       -0.01      -0.59     Missed  -8,745
                                                        .6​
 This summary was machine generated August 4 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated