Identiv Inc expected to post earnings of 3  cents a share - Earnings Preview

INVE Technologies

01/03/2022 03:01

* Identiv Inc  INVE.OQ   INVE.O  is expected to show a rise
in
quarterly revenue when it reports  results on March 2. 
    * The Fremont California-based  company is expected to
report  a
14.3% increase in revenue to $28.396 million from $24.84 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
earnings of 3 cents per share. For the same quarter last year,
the company reported a loss of 5 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
$29​, about 27.7% above​ its last closing price of $20.96. ​​​
    * 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 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. 31 2020  -0.05       -0.05      -0.05     Met     -7.1
 ​​Sep.        0.00        0.00       0.01      Beat    200.3
 30 2020                                                
 Jun. 30 2020  -0.09       -0.09      -0.18     Missed  -89.5​
 Mar. 31 2020  -0.11       -0.12      -0.13     Missed  -8.3
 Dec. 31 2019  -0.13       -0.13      -0.12     Beat    7.7
 This summary was machine generated March 1 at 03:01 GMT.  All
figures in US dollars  unless otherwise stated