Innoviva Inc expected to post earnings of 24 cents a share - Earnings Preview

Innoviva

29/07/2024 14:02

* Innoviva Inc  INVA.OQ   INVA.O  is expected to show a fall
in
quarterly revenue when it reports  results on July 31
(estimated) for the period ending June 30 2024
    * The Burlingame California-based  company is expected to
report a
7.8% decrease in revenue to $74.688 million from $80.99 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Innoviva Inc is for
earnings
of 24 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 Innoviva
Inc is
$16.00​, below​ its last closing price of $18.55. ​​​

This summary was machine generated July 29 at 13:02 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)