Innoviz Technologies Ltd INVZ.OQ INVZ.O is expected to show a fall in quarterly revenue when it reports results on February 26 for the period ending December 31 2024
The Rosh Ha'ayin Israel-based company is expected to report a 60.7% decrease in revenue to $5.86 million from $14.92 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 $2.22, above its last closing price of $0.85.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.13 | -0.14 | -0.15 | Missed | -8.7 |
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 |
This summary was machine generated February 24 at 14:05 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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