Xperi Inc reports results for the quarter ended in March - Earnings Summary
09/05/2024 17:26
* Xperi Inc XPER.N reported a quarterly adjusted loss of 5
cents per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of 4
cents. The mean expectation of four analysts for the quarter
was for a loss of 14 cents per share. Wall Street expected
results to range from -20 cents to -9 cents per share.
* Revenue fell 6.3% to $118.84 million from a year ago;
analysts
expected $122.11 million.
* Xperi Inc's reported EPS for the quarter was a loss of 29
cents.
* The company reported a quarterly loss of $13.12 million.
* Xperi Inc shares had fallen by 10.0% this quarter and
lost 1.5%
so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 1,711.1% 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 May 9 at 04:26
p.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
Mar. 31 2024 -0.14 -0.05 Beat
Dec. 31 2023 0.05 0.11 Beat
Sep. 30 2023 -0.10 -0.08 Beat
Jun. 30 2023 -0.11 -0.09 Beat