Inotiv Inc expected to post a loss of 91 cents a share - Earnings Preview

Inotiv

29/11/2024 21:02

* Inotiv Inc  NOTV.OQ   NOTV.O  is expected to show a fall
in
quarterly revenue when it reports  results on December 3 for the
period ending September 30 2024
    * The West Lafayette Indiana-based  company is expected to
report
a 16.9% decrease in revenue to $116.938 million from $140.74
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Inotiv Inc is for a loss
of 91
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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
$4.00​, above​ its last closing price of $3.54. ​​​

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 2024  -0.84       -0.83      -1.00     Missed  -19.8
 Mar. 31 2024  -0.54       -0.54      -1.86     Missed  -244.4
 Dec. 31 2023  -0.86       -0.85      -0.60     Beat    29.8​
 Sep. 30 2023              -0.33      -0.38     Missed  -15.2
 ​​Jun.        -0.10       -0.10      0.07      Beat    170
 30 2023                                                
 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
 This summary was machine generated November 29 at 21:02 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)