Identiv Inc expected to post a loss of 6 cents a share - Earnings Preview

INVE Technologies

03/05/2023 03:01

* Identiv Inc  INVE.OQ   INVE.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 4. 
    * The Fremont California-based  company is expected to
report  a
2.3% increase in revenue to $25.644 million from $25.06 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Identiv Inc is for
a loss
of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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
$12.5​, above​ its last closing price of $5.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.01       0.00       0.00      Met     100
 Sep. 30 2022  0.07        0.06       0.01      Missed  -84.4
 Jun. 30 2022  -0.03       -0.02      -0.02     Met     0​
 Mar. 31 2022  -0.07       -0.07      -0.06     Beat    18.9
 ​​Dec.        0.03        0.03       -0.10     Missed  -407.7
 31 2021                                                
 Sep. 30 2021  0.05        0.05       0.09      Beat    71.4​
 Jun. 30 2021  -0.04       -0.04      -0.03     Beat    25
 Mar. 31 2021  -0.11       -0.10      -0.09     Beat    14.3
 This summary was machine generated May 3 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated