Innovid Corp expected to post a loss of 5 cents a share - Earnings Preview

Innovid

05/05/2023 19:32

* Innovid Corp  CTV.N   CTV  is expected to show a rise in
quarterly revenue when it reports  results on May 9. 
    * The New York City-based  company is expected to report  a
12.5% increase in revenue to $29.1 million from $25.86 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 5 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 $0.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -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. 31 2022  -0.05       -0.05      -0.06     Missed  -20
 ​​Dec.        -0.01       -0.01      -0.59     Missed  -8,745
 31 2021                                                .6
                                                        ​
 This summary was machine generated May 5 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated