Inogen Inc expected to post a loss of 55 cents a share - Earnings Preview

Inogen

03/08/2024 24:43

* Inogen Inc  INGN.OQ   INGN.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Goleta California-based  company is expected to report
a
1.4% decrease in revenue to $82.5 million from $83.64 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.The company's guidance on May 7 2024, for the
period ended June 30, was for revenue between $81.00 million and
$84.00 million.
    * ​LSEG's mean analyst estimate for Inogen Inc is for a loss
of 55
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 Inogen Inc
is
$7.00​, below​ its last closing price of $8.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.76       -0.76      -0.62     Beat    18.2
 Dec. 31 2024  -0.61       -0.62      -1.14     Missed  -82.4
 Sep. 30 2023  -0.45       -0.49      -0.55     Missed  -11.7​
 Jun. 30 2023  -0.61       -0.59      -0.42     Beat    29.3
 ​​Mar.        -0.82       -0.78      -0.88     Missed  -12.8
 31 2023                                                
 Dec. 31 2022  -0.56       -0.57      -0.20     Beat    65.2​
 Sep. 30 2022  -0.42       -0.42      -0.42     Met     -0.2
 Jun. 30 2022  -0.37       -0.37      -0.15     Beat    59.5
 This summary was machine generated August 2 at 23:43 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)