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

Luna Innovations

10/08/2021 01:00

* Luna Innovations Inc  LUNA.OQ  reported quarterly adjusted
earnings of 6 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 6 cents per share.
* Revenue rose 50.4% to $27.94 million from a year ago; 
analysts expected $28.91 million. 
* Luna Innovations Inc's reported EPS for the quarter was a loss
of 1 cents​.
* The mean earnings estimate of analysts had fallen by
about 22.7% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Luna Innovations Inc shares had risen by 16.3% this
quarter and gained 27.4% so far this year.
* The company reported a quarterly loss of $230 thousand.
* Wall Street's median 12-month price target for Luna
Innovations Inc is $13.38 
* 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 August 9 at 11:59 p.m.  ​All
figures in US dollars unless otherwise stated