Innoviva Inc expected to post earnings of 23  cents a share - Earnings Preview

Innoviva

21/04/2023 13:56

* Innoviva Inc  INVA.OQ   INVA.O  is expected to show a fall
in
quarterly revenue when it reports  results on April 25
(estimated). 
    * The Burlingame California-based  company is expected to
report 
a 31.8% decrease in revenue to $61.458 million from $90.06
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Innoviva Inc is for
earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 22.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Innoviva
Inc is
$13​, above​ its last closing price of $11.84. ​​​

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  0.27        0.23       -0.98     Missed  -535.6
 Sep. 30 2022  2.07        2.24       2.80      Beat    24.8
 Jun. 30 2022  0.33        1.93       0.05      Missed  -97.4​
 Mar. 31 2022  0.44        0.44       0.35      Missed  -20.5
 ​​Dec.        0.41        0.41       0.14      Missed  -65.9
 31 2021                                                
 Sep. 30 2021              0.43       0.90      Beat    109.3​
 Jun. 30 2021  0.29        0.29       0.90      Beat    210.3
 This summary was machine generated April 21 at 12:56 GMT.  All
figures in US dollars  unless otherwise stated