Inotiv Inc expected to post a loss of 33 cents a share - Earnings Preview

Inotiv

08/12/2023 21:18

* Inotiv Inc  NOTV.OQ   NOTV.O  is expected to show a fall
in
quarterly revenue when it reports  results  for the period
ending June 30 2023
    * The West Lafayette Indiana-based  company is expected to
report
a 7.3% decrease in revenue to $139.429 million from $150.45
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Inotiv Inc is for a loss
of 33
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
$9.50​, above​ its last closing price of $3.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2023  -0.10       -0.10      0.07      Beat    170
 Mar. 31 2023  -0.43       -0.42      -0.39     Beat    8.2
 Dec. 31 2022  -1.30       -1.30      -3.41     Missed  -162.3
                                                        ​
 Sep. 30 2022  -0.41       -0.37      -0.32     Beat    14.7
 ​​Jun.        -0.02       -0.02      0.04      Beat    300
 30 2022                                                
 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. 30 2021  -0.13       -0.13      -0.23     Missed  -76.9
 This summary was machine generated December 8 at 21:18 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)