Inotiv Inc expected to post a loss of 54 cents a share - Earnings Preview

Inotiv

08/05/2024 13:53

* Inotiv Inc  NOTV.OQ   NOTV.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 10 for the
period ending January 1 0001
    * The West Lafayette Indiana-based  company is expected to
report
a 10.4% decrease in revenue to $135.68 million from $151.46
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Inotiv Inc is for a loss
of 54
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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Inotiv Inc
is
$11.50​, above​ its last closing price of $4.71. ​​​

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  -0.86       -0.85      -0.60     Beat    29.8
 Jan. 1 2023               -0.33      -0.38     Missed  -15.2
 Jun. 30 2023  -0.10       -0.10      0.07      Beat    170​
 Jan. 1 0001   -0.43       -0.42      -0.39     Beat    8.2
 ​​Dec.        -1.30       -1.30      -3.41     Missed  -162.3
 31 2022                                                
 Sep. 30 2022  -0.41       -0.37      -0.32     Beat    14.7​
 Jan. 1 0001   -0.02       -0.02      0.04      Beat    300
 Mar. 31 2022  -0.27       -0.27      -0.24     Beat    11.1
 This summary was machine generated May 8 at 12:53 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)