Luna Innovations Inc expected to post earnings of 6 cents a share - Earnings Preview

Luna Innovations

06/08/2021 23:44

* Luna Innovations Inc  LUNA.OQ   LUNA.O  is expected to show a
rise in quarterly revenue when it reports results on August 9. 
* The Roanoke, Virginia-based company is expected to report   a
55.6% increase in revenue to $28.908 million from $18.58 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 6 cents per share. For the same quarter last
year, the company reported earnings 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 Luna
Innovations Inc is $13.38​, about 5.9% above​ its last closing
price of $12.59. ​​​
* 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  0.04        0.05       0.03      Missed  -35.7
 Dec. 31 2020  0.05        0.08       0.10      Beat    30.4
 Sep. 30 2020  0.05        0.05       0.13      Beat    143.8​
 Jun. 30 2020  0.03        0.03       0.06      Beat    125
 Mar.          0.02​       0.03       0.03      Met     12.5​
 31​ 2020​                                              
 Dec. 31 2019  0.05        0.05       0.08      Beat    71.4​
 Sep. 30 2019  0.04        0.04       0.05      Beat    25
 Jun. 30 2019  0.01        0.01       0.03      Beat    200
 This summary was machine generated August 6 at 22:44 GMT.  All
figures in US dollars unless otherwise stated