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

Luna Innovations

17/05/2021 22:50

* Luna Innovations Inc  LUNA.OQ  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 5 cents per share.
* Revenue rose 53.4% to $26.30 million from a year ago; 
analysts expected $26.91 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 22.2% 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 10.8% this
quarter and gained 18.1% so far this year.
* The company reported a quarterly loss of $318 thousand.
* Wall Street's median 12-month price target for Luna
Innovations Inc is $13.75 
* 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 May 17 at 09:50 p.m. GMT.
​All figures in US dollars