Inotiv Inc expected to post a loss of 4  cents a share - Earnings Preview

Inotiv

09/02/2022 01:40

* Inotiv Inc  NOTV.OQ   NOTV.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 10. 
    * The West Lafayette Indiana-based  company is expected to
report 
a 307.0% increase in revenue to $72.784 million from $17.89
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Inotiv Inc is for a
loss
of 4 cents per share. For the same quarter last year, the
company reported a loss of 3 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 13.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Inotiv Inc
is
$64​, about 40.2% above​ its last closing price of $38.25. ​​​
    * 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 2021  -0.13       -0.13      -0.23     Missed  -76.9
 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 9 at 01:40 GMT.  All
figures in US dollars  unless otherwise stated