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

Luna Innovations

14/03/2023 21:02

* 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 9 cents per share.
    * Revenue rose 30.9% to $31.70 million from a year ago;
analysts
expected $32.36 million. 
    * Luna Innovations Inc's reported EPS for the quarter was 2
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 risen by 4.7% this
quarter.
    * The company reported quarterly net income of $853
thousand.
    * Wall Street's median 12-month price target for Luna
Innovations
Inc is $9.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 14 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.09           0.08           Missed
 Sep. 30 2022      0.06           0.09           Beat
 Jun. 30 2022      0.03           -0.02          Missed
 Mar. 31 2022      0.01           0.05           Beat