Inotiv Inc reports results for the quarter ended in June - Earnings Summary

Inotiv

10/08/2022 22:38

* Inotiv Inc  NOTV.OQ  reported quarterly adjusted earnings
of 4
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 2
cents per share.
    * Revenue rose 654.3% to $172.67 million from a year ago;
analysts
expected $141.73 million. 
    * Inotiv Inc's reported EPS for the quarter was a loss of 15
cents​.
    * The mean earnings estimate of analysts had fallen by
about 114.3% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Inotiv Inc shares had risen by 100.2% this quarter and
lost 54.3% so far this year.
    * The company reported a quarterly loss of $3.73 million.
    * Wall Street's median 12-month price target for Inotiv Inc
is
$57.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 09:38 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.02          0.04           Beat
 Mar. 31 2022      -0.27          -0.24          Beat
 Dec. 31 2021      -0.04          0.59           Beat
 Sep. 30 2021      -0.13          -0.23          Missed