Inotiv Inc expected to post a loss of $1.30 a share - Earnings Preview

Inotiv

10/02/2023 23:02

* Inotiv Inc  NOTV.OQ   NOTV.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 13. 
    * The West Lafayette Indiana-based  company is expected to
report 
a 41.0% increase in revenue to $118.748 million from $84.21
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
January 10 2023, for the period ended December 31, was for
revenue between $118.00 million and $122.00 million.
    * ​Refinitiv's mean analyst estimate for Inotiv Inc is for a
loss
of $1.30 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Inotiv Inc
is
$10​, above​ its last closing price of $7.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.41       -0.37      -0.32     Beat    14.7
 Jun. 30 2022  -0.02       -0.02      0.04      Beat    300
 Mar. 31 2022  -0.27       -0.27      -0.24     Beat    11.1​
 Dec. 31 2021  -0.04       -0.04      0.59      Beat    1,461.
                                                        6
 ​​Sep.        -0.13       -0.13      -0.23     Missed  -76.9
 30 2021                                                
 Jun. 30 2021  -0.08       -0.08      -0.15     Missed  -87.5​
 Mar. 31 2021  -0.03       -0.03      -0.06     Missed  -100
 Dec. 31 2020  -0.19       -0.19      -0.03     Beat    84.2
 This summary was machine generated February 10 at 23:02 GMT. 
All figures in US dollars  unless otherwise stated