Luna Innovations Inc expected to post earnings of 9  cents a share - Earnings Preview

Luna Innovations

10/03/2023 22:24

* Luna Innovations Inc  LUNA.OQ   LUNA.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 14. 
    * The Roanoke Virginia-based  company is expected to report 
a
33.6% increase in revenue to $32.356 million from $24.22 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Luna Innovations
Inc is
for earnings of 9 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 Luna
Innovations
Inc is $9.25​, below​ its last closing price of $9.43. ​​​

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 2022  0.06        0.06       0.09      Beat    47.5
 Jun. 30 2022  0.04        0.03       -0.02     Missed  -160.6
 Mar. 31 2022  0.01        0.01       0.05      Beat    275.1​
 Dec. 31 2021  0.04        0.04       0.08      Beat    80.5
 ​​Sep.        0.08        0.08       0.03      Missed  -63.4
 30 2021                                                
 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
 This summary was machine generated March 10 at 22:24 GMT.  All
figures in US dollars  unless otherwise stated