Innoviz Technologies Ltd expected to post a loss of 14 cents a share - Earnings Preview

Reuters
2024-11-11
Innoviz Technologies Ltd <invz.oq> expected to post a loss of 14 cents a share - Earnings Preview </invz.oq>
  • Innoviz Technologies Ltd INVZ.OQ INVZ.O is expected to show a rise in quarterly revenue when it reports results on November 13 for the period ending September 30 2024

  • The Rosh Ha'ayin Israel-based company is expected to report a 28.1% increase in revenue to $4.46 million from $3.48 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Innoviz Technologies Ltd is for a loss of 14 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "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 Innoviz Technologies Ltd is $2.50​, above​ its last closing price of $0.64. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

-0.15

-0.15

-0.13

Beat

14.5

Mar. 31 2024

-0.15

-0.15

-0.18

Missed

-23.3

Dec. 31 2023

-0.18

-0.18

-0.18

Met

2.2​

Sep. 30 2023

-0.22

-0.22

-0.18

Beat

16.7

​​Jun. 30 2023

-0.22

-0.22

-0.23

Missed

-4.5

Mar. 31 2023

-0.22

-0.22

-0.26

Missed

-18.2​

Dec. 31 2022

-0.24

-0.24

-0.25

Missed

-5

Sep. 30 2022

-0.25

-0.25

-0.25

Met

-1

This summary was machine generated November 11 at 15:37 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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