Inotiv Inc expected to post a loss of 83 cents a share - Earnings Preview

Inotiv

07/08/2024 02:54

* Inotiv Inc  NOTV.OQ   NOTV.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The West Lafayette Indiana-based  company is expected to
report
a 21.6% decrease in revenue to $123.396 million from $157.47
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 83
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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
$2.00​, above​ its last closing price of $1.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.54       -0.54      -1.86     Missed  -244.4
 Dec. 31 2024  -0.86       -0.85      -0.60     Beat    29.8
 Sep. 30 2023              -0.33      -0.38     Missed  -15.2​
 Jun. 30 2023  -0.10       -0.10      0.07      Beat    170
 ​​Mar.        -0.43       -0.42      -0.39     Beat    8.2
 31 2023                                                
 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. 30 2022  -0.02       -0.02      0.04      Beat    300
 This summary was machine generated August 7 at 01:54 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)