Luna Innovations Inc reports results for the quarter ended in December - Earnings Summary

Luna Innovations

14/03/2022 13:31

* Luna Innovations Inc  LUNA.OQ  reported quarterly adjusted
earnings of 8 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 4 cents per share.
    * Revenue fell 6.5% to $24.22 million from a year ago; 
analysts
expected $23.67 million. 
    * Luna Innovations Inc's reported EPS for the quarter was 5
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Luna Innovations Inc shares had fallen by 21.0% this
quarter.
    * The company reported quarterly net income of $1.58
million.
    * Wall Street's median 12-month price target for Luna
Innovations
Inc is $12.50 
    * 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." 

This summary was machine generated March 14 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated