Inogen Inc expected to post a loss of 76 cents a share - Earnings Preview

Inogen

04/05/2024 02:16

* Inogen Inc  INGN.OQ   INGN.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Goleta California-based  company is expected to report
a
2.1% increase in revenue to $73.663 million from $72.16 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on February 27 2024,
for the period ended March 31, was for revenue between $73.00
million and $74.00 million.
    * ​LSEG's mean analyst estimate for Inogen Inc is for a loss
of 76
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
$6.50​, below​ its last closing price of $7.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -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. 31 2023  -0.82       -0.78      -0.88     Missed  -12.8
 ​​Dec.        -0.56       -0.57      -0.20     Beat    65.2
 31 2022                                                
 Sep. 30 2022  -0.42       -0.42      -0.42     Met     -0.2​
 Jun. 30 2022  -0.37       -0.37      -0.15     Beat    59.5
 Mar. 31 2022  -0.52       -0.51      -0.62     Missed  -21.8
 This summary was machine generated May 4 at 01:16 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)