Inotiv Inc expected to post a loss of 10 cents a share - Earnings Preview

Inotiv

09/08/2023 03:04

* Inotiv Inc  NOTV.OQ   NOTV.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 10. 
    * The West Lafayette Indiana-based  company is expected to
report 
a 12.5% decrease in revenue to $151.081 million from $172.67
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Inotiv Inc is for a
loss
of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "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 Inotiv Inc
is
$9.5​, above​ its last closing price of $6.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.43       -0.42      -0.39     Beat    8.2
 Dec. 31 2023  -1.30       -1.30      -3.41     Missed  -162.3
 Sep. 30 2022  -0.41       -0.37      -0.32     Beat    14.7​
 Jun. 30 2022  -0.02       -0.02      0.04      Beat    300
 ​​Mar.        -0.27       -0.27      -0.24     Beat    11.1
 31 2022                                                
 Dec. 31 2021  -0.04       -0.04      0.59      Beat    1,461.
                                                        6​
 Sep. 30 2021  -0.13       -0.13      -0.23     Missed  -76.9
 Jun. 30 2021  -0.08       -0.08      -0.15     Missed  -87.5
 This summary was machine generated August 9 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated