Xperi Inc reports results for the quarter ended in December - Earnings Summary
29/02/2024 03:25
* Xperi Inc XPER.N reported quarterly adjusted earnings of
11
cents per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 8
cents. The mean expectation of four analysts for the quarter
was for earnings of 5 cents per share. Wall Street expected
results to range from -2 cents to 17 cents per share.
* Revenue rose 1.3% to $137.23 million from a year ago;
analysts
expected $139.95 million.
* Xperi Inc's reported EPS for the quarter was a loss of 57
cents.
* The company reported a quarterly loss of $24.79 million.
* Xperi Inc shares had risen by 5.8% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 6% in
the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the software peer
group
is also "buy"
Wall Street's median 12-month price target for Xperi Inc is
$16.50
This summary was machine generated from LSEG data February 29 at
03:24 a.m. UTC. All figures in US 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2023 0.05 0.11 Beat
Sep. 30 2023 -0.10 -0.08 Beat
Jun. 30 2023 -0.11 -0.09 Beat
Mar. 31 2023 -0.14 0.04 Beat