Innovid Corp expected to post breakeven results a share - Earnings Preview

Innovid

08/11/2024 15:30

* Innovid Corp  CTV.N   CTV  is expected to show a rise in
quarterly revenue when it reports  results on November 12 for
the period ending September 30 2024
    * The New York City-based  company is expected to report a
13.2% increase in revenue to $41 million from $36.23 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
breakeven
results 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
3.00​, above​ its last closing price of $1.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.02       -0.01      -0.07     Missed  -425.1
 Mar. 31 2024  -0.02       -0.02      -0.04     Missed  -100
 Dec. 31 2023  0.00        -0.01      0.00      Beat    25​
 Jan. 1 0001   -0.02       -0.01      -0.01     Met     25
 ​​Jun.        -0.03       -0.03      -0.13     Missed  -333.3
 30 2023                                                
 Mar. 31 2023  -0.05       -0.05      -0.05     Met     -7.1​
 Dec. 31 2022  -0.01       -0.02      -0.03     Missed  -50
 Sep. 30 2022  -0.05       -0.05      -0.09     Missed  -92.8
 This summary was machine generated November 8 at 15:30 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)