* Xperi Inc 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
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