Immunoprecise Antibodies Ltd expected to post a loss of 11 cents a share - Earnings Preview

Mindwalk Holdings

26/07/2024 15:31

* Immunoprecise Antibodies Ltd  IPA.OQ   IPA.O  is expected
to show a rise in quarterly revenue when it reports  results on
July 29 for the period ending April 30 2024
    * The Victoria British Columbia-based  company is expected
to
report a 16.6% increase in revenue to C$6.53 million from C$5.6
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Immunoprecise Antibodies
Ltd
is for a loss of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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
Immunoprecise
Antibodies Ltd is $7.00​, above​ its last closing price
of $0.83. ​​​

This summary was machine generated July 26 at 14:31 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)