Luna Innovations Inc expected to post earnings of 8 cents a share - Earnings Preview

Luna Innovations

13/11/2021 24:32

* Luna Innovations Inc  LUNA.OQ   LUNA.O  is expected to show a
rise in quarterly revenue when it reports  results on November
15. 
* The Roanoke, Virginia-based company is expected to report  a
42.7% increase in revenue to $30.044 million from $21.05 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 8 cents per share. For the same quarter last
year, the company reported earnings of 13 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 $14.25​, about 32.6% above​ its last closing
price of $9.61. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2020  0.05        0.05       0.13      Beat    143.8
 ​​Jun.        0.03        0.03       0.06      Beat    125
 30 2020                                                
 Mar. 31 2020  0.02        0.03       0.03      Met     12.5​
 Dec. 31 2019  0.05        0.05       0.08      Beat    71.4
 Sep. 30 2019  0.04        0.04       0.05      Beat    25
 This summary was machine generated November 13 at 00:32 GMT. 
All figures in US dollars  unless otherwise stated