Innoviva Inc expected to post earnings of 33  cents a share - Earnings Preview

Innoviva

23/07/2022 03:03

* Innoviva Inc  INVA.OQ   INVA.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 26
(estimated). 
    * The Burlingame California-based  company is expected to
report 
a 113.1% increase in revenue to $214.776 million from $100.81
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 33 cents per share. For the same quarter last year,
the company reported earnings of 90 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Innoviva
Inc is
$16​, above​ its last closing price of $14.56. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.44        0.44       0.35      Missed  -20.5
 Dec. 31 2022  0.41        0.41       0.14      Missed  -65.9
 Sep. 30 2021              0.43       0.90      Beat    109.3​
 Jun. 30 2021  0.29        0.29       0.90      Beat    210.3
 ​​                                                     
 Dec. 31 2020  0.40        0.40       0.48      Beat    20​
 Sep. 30 2020  0.42        0.42       0.26      Missed  -38.1
 Jun. 30 2020  0.32        0.32       0.69      Beat    115.6
 This summary was machine generated July 23 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated