Navitas Semiconductor Corp expected to post a loss of 9  cents a share - Earnings Preview

Navitas Semiconductor

13/08/2022 24:35

* Navitas Semiconductor Corp  NVTS.OQ   NVTS.O  is expected
to report results on August 15.
    * The El Segundo California-based  company is expected to
report
revenue of $8.424 million, according to the mean estimate from 8
analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Navitas
Semiconductor
Corp is for a loss of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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 Navitas
Semiconductor Corp is $10​, above​ its last closing price
of $5.88. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.08       -0.08      -0.08     Met     3.5
 Dec. 31 2022  -0.08       -0.08      -0.07     Beat    7.9
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 This summary was machine generated August 12 at 23:35 GMT.  All
figures in US dollars  unless otherwise stated