Xperi Inc reports results for the quarter ended in September 30 - Earnings Summary
07/11/2024 05:16
* Xperi Inc XPER.N reported quarterly adjusted earnings of
51
cents per share for the quarter ended September 30, 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 18 cents per share. Wall Street
expected results to range from 10 cents to 25 cents per share.
* Revenue rose 1.9% to $132.89 million from a year ago;
analysts
expected $130.73 million.
* Xperi Inc's reported EPS for the quarter was a loss of 37
cents.
* The company reported a quarterly loss of $16.81 million.
* Xperi Inc shares had risen by 2.2% this quarter and
lost 14.3%
so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged 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 November 7 at
05:16 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
Sep. 30 2024 0.18 0.51 Beat
Jun. 30 2024 -0.03 0.12 Beat
Mar. 31 2024 -0.14 -0.05 Beat
Dec. 31 2023 0.05 0.11 Beat