Identiv Inc expected to post a loss of 4 cents a share - Earnings Preview

INVE Technologies

30/07/2021 23:29

* Identiv Inc  INVE.OQ   INVE.O  is expected to show a rise in
quarterly revenue when it reports results on August 3. 
* The Fremont, California-based company is expected to report 
 a 20.7% increase in revenue to $23.069 million from $19.11
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Identiv Inc is for a
loss of 4 cents per share. For the same quarter last year, the
company reported a loss of 18 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 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 Identiv Inc is
$19​, about 14.3% above​ its last closing price of $16.28. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.11       -0.10      -0.09     Beat    14.3
 Dec. 31 2020  -0.05       -0.05      -0.05     Met     -7.1
 Sep. 30 2020  0.00        0.00       0.01      Beat    200.3​
 Jun. 30 2020  -0.09       -0.09      -0.18     Missed  -89.5
 Mar.          -0.11​      -0.12      -0.13     Missed  -8.3​
 31​ 2020​                                              
 Dec. 31 2019  -0.13       -0.13      -0.12     Beat    7.7​
 Sep. 30 2019  0.02        0.02       0.05      Beat    114.3
 Jun. 30 2019  -0.01       -0.02      0.01      Beat    160
 This summary was machine generated July 30 at 22:29 GMT.  All
figures in US dollars unless otherwise stated