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

Innoviva

27/07/2022 22:10

* Innoviva Inc  INVA.OQ  reported quarterly adjusted
earnings of 5
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 33 cents per share.
    * Revenue rose 7.4% to $108.22 million from a year ago;
analysts
expected $214.78 million. 
    * Innoviva Inc's reported EPS for the quarter was 5 cents​.
    * The mean earnings estimate of analysts had fallen by
about 35.3%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Innoviva Inc shares had fallen by 1.8% this quarter and
lost 16.0% so far this year.
    * Wall Street's median 12-month price target for Innoviva
Inc is
$16.00 
    * 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 July 27
at 09:10 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.33           0.05           Missed
 Mar. 31 2022      0.44           0.35           Missed
 Dec. 31 2021      0.41           0.14           Missed
 Sep. 30 2021      0.43           0.90           Beat