Luna Innovations Inc expected to post earnings of 4  cents a share - Earnings Preview

Luna Innovations

07/03/2022 22:45

* Luna Innovations Inc  LUNA.OQ   LUNA.O  is expected
to show a
fall in quarterly revenue when it reports  results on March 9
(estimated). 
    * The Roanoke Virginia-based  company is expected to report 
a
8.7% decrease in revenue to $23.666 million from $25.92 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Luna Innovations
Inc is
for earnings of 4 cents per share. For the same quarter last
year, the company reported earnings of 10 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 Luna
Innovations
Inc is $12.5​, about 49% above​ its last closing price
of $6.37. ​​​
    * 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  0.08        0.08       0.03      Missed  -63.4
 Jun. 30 2021  0.06        0.06       0.06      Met     5.9
 Mar. 31 2021  0.04        0.05       0.03      Missed  -35.7​
 Dec. 31 2020  0.05        0.08       0.10      Beat    30.4
 ​​Sep.        0.05        0.05       0.13      Beat    143.8
 30 2020                                                
 Jun. 30 2020  0.03        0.03       0.06      Beat    125​
 Mar. 31 2020  0.02        0.03       0.03      Met     12.5
 Dec. 31 2019  0.05        0.05       0.08      Beat    71.4
 This summary was machine generated March 7 at 22:45 GMT.  All
figures in US dollars  unless otherwise stated