InterDigital Inc expected to post earnings of 73cents a share - Earnings Preview

InterDigital

13/02/2023 14:32

* InterDigital Inc  IDCC.OQ   IDCC.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 15. 
    * The Wilmington Delaware-based  company is expected to
report  a
1.7% decrease in revenue to $109.938 million from $111.82
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
January 19 2023, for the period ended December 31, was for
revenue of $114.000 million.
    * ​Refinitiv's mean analyst estimate for InterDigital Inc is
for
earnings of 73 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and 1 "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
InterDigital Inc
is $90​, above​ its last closing price of $72.36. ​​​

The company's guidance on January 19 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD60 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.44        0.44       0.74      Beat    68.2
 Jun. 30 2022  0.58        0.58       1.08      Beat    87.8
 Mar. 31 2022  0.73        0.73       0.59      Missed  -19.2​
 Dec. 31 2021  0.37        0.34       0.70      Beat    105.9
 ​​Sep.        0.76        0.65       0.83      Beat    27.7
 30 2021                                                
 Jun. 30 2021  -0.27       -0.15      0.39      Beat    351.6​
 Mar. 31 2021  -0.14       0.00       0.18      Beat    5,505.
                                                        4
 Dec. 31 2020  -0.16       -0.16      -0.04     Beat    74.5
 This summary was machine generated February 13 at 14:32 GMT. 
All figures in US dollars  unless otherwise stated