Identiv Inc expected to post a loss of 7  cents a share - Earnings Preview

INVE Technologies

03/05/2022 03:08

* 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
10.4% increase in revenue to $24.463 million from $22.16 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Identiv Inc is for
a loss
of 7 cents per share. For the same quarter last year, the
company reported a loss of 9 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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
$28​, above​ its last closing price of $12.72. ​​​
    * 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 2021  0.03        0.03       -0.10     Missed  -407.7
 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
 ​​Dec.        -0.05       -0.05      -0.05     Met     -7.1
 31 2020                                                
 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. 31 2020  -0.11       -0.12      -0.13     Missed  -8.3
 This summary was machine generated May 3 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated