Innoviva Inc reports results for the quarter ended in December - Earnings Summary

Innoviva

28/02/2023 22:45

* Innoviva Inc  INVA.OQ  reported a quarterly adjusted loss
of 98
cents​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of 23 cents per share.
    * Revenue fell 38.9% to $65.80 million from a year ago;
analysts
expected $58.85 million. 
    * Innoviva Inc's reported EPS for the quarter was a loss
of 98
cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Innoviva Inc shares had fallen by 9.5% this quarter.
    * The company reported a quarterly loss of $68.31 million.
    * Wall Street's median 12-month price target for Innoviva
Inc is
$15.00 
    * 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." 

This summary was machine generated from Refinitiv data February
28 at 10:45 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.23           -0.98          Missed
 Sep. 30 2022      2.24           2.80           Beat
 Jun. 30 2022      1.93           0.05           Missed
 Mar. 31 2022      0.44           0.35           Missed