Inotiv Inc expected to post a loss of 91 cents a share - Earnings Preview

Reuters11-30
Inotiv Inc <notv.oq> expected to post a loss of 91 cents a share - Earnings Preview </notv.oq>
  • Inotiv Inc NOTV.OQ NOTV.O is expected to show a fall in quarterly revenue when it reports results on December 3 for the period ending September 30 2024

  • The West Lafayette Indiana-based company is expected to report a 16.9% decrease in revenue to $116.938 million from $140.74 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Inotiv Inc is for a loss of 91 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 Inotiv Inc is $4.00​, above​ its last closing price of $3.54. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

-0.84

-0.83

-1.00

Missed

-19.8

Mar. 31 2024

-0.54

-0.54

-1.86

Missed

-244.4

Dec. 31 2023

-0.86

-0.85

-0.60

Beat

29.8​

Sep. 30 2023

-0.33

-0.38

Missed

-15.2

​​Jun. 30 2023

-0.10

-0.10

0.07

Beat

170

Mar. 31 2023

-0.43

-0.42

-0.39

Beat

8.2​

Dec. 31 2022

-1.30

-1.30

-3.41

Missed

-162.3

Sep. 30 2022

-0.41

-0.37

-0.32

Beat

14.7

This summary was machine generated November 29 at 21:02 GMT. 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)

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