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

Inotiv

10/01/2023 22:02

* Inotiv Inc  NOTV.OQ  reported a quarterly adjusted loss
of 32
cents​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for a loss
of 37 cents per share.
    * Revenue rose 400.2% to $150.45 million from a year ago;
analysts
expected $152.96 million. 
    * Inotiv Inc's reported EPS for the quarter was a loss of
$9.54​.
    * The mean earnings estimate of analysts had fallen by
about 2.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Inotiv Inc shares had fallen by 1.8% this quarter.
    * The company reported a quarterly loss of $244.16 million.
    * Wall Street's median 12-month price target for Inotiv Inc
is
$10.00 
    * 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." 

This summary was machine generated from Refinitiv data January
10 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.37          -0.32          Beat
 Jun. 30 2022      -0.02          0.04           Beat
 Mar. 31 2022      -0.27          -0.24          Beat
 Dec. 31 2021      -0.04          0.59           Beat