Navitas Semiconductor Corp NVTS.OQ NVTS.O is expected to show a fall in quarterly revenue when it reports results on November 4 for the period ending September 30 2024
The Torrance California-based company is expected to report a 0.2% decrease in revenue to $21.932 million from $21.98 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.
LSEG's mean analyst estimate for Navitas Semiconductor Corp is for a loss of 6 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "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 Navitas Semiconductor Corp is $5.50, above its last closing price of $2.58.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | -0.06 | -0.06 | -0.07 | Missed | -9 |
Mar. 31 2024 | -0.05 | -0.05 | -0.06 | Missed | -10.6 |
Dec. 31 2023 | -0.04 | -0.05 | -0.04 | Beat | 12.6 |
Sep. 30 2023 | -0.05 | -0.05 | -0.04 | Beat | 23.7 |
Jun. 30 2023 | -0.07 | -0.07 | -0.05 | Beat | 28.6 |
Mar. 31 2023 | -0.08 | -0.08 | -0.07 | Beat | 9.7 |
Dec. 31 2022 | -0.08 | -0.08 | -0.06 | Beat | 26.4 |
Jan. 1 0001 | -0.07 | -0.07 | -0.07 | Met | 2.3 |
This summary was machine generated November 2 at 04:03 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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