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

Inotiv

13/05/2022 24:25

* Inotiv Inc  NOTV.OQ  reported a quarterly adjusted loss
of 24
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 27
cents per share.
    * Revenue rose 648.3% to $140.31 million from a year ago; 
analysts expected $120.56 million. 
    * Inotiv Inc's reported EPS for the quarter was a loss of 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 224.6% 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 fallen by 55.7% this quarter and
lost 72.4% so far this year.
    * The company reported a quarterly loss of $6.09 million.
    * Wall Street's median 12-month price target for Inotiv Inc
is
$69.50 
    * 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 May 12 at 11:24 p.m.  ​All
figures in US dollars unless otherwise stated