Innoviva Inc expected to post earnings of 17 cents a share - Earnings Preview

Innoviva

03/05/2024 12:40

* Innoviva Inc  INVA.OQ   INVA.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 7 (estimated)
for the period ending March 31 2024
    * The Burlingame California-based  company is expected to
report a
11.0% decrease in revenue to $68.003 million from $76.37 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Innoviva Inc is for
earnings
of 17 cents per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Innoviva
Inc is
$15.00​, below​ its last closing price of $15.37. ​​​

This summary was machine generated May 3 at 11:40 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)