Inotiv (NASDAQ:NOTV) will release its quarterly earnings report on Tuesday, 2024-12-03. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Inotiv to report an earnings per share (EPS) of $-0.67.
Investors in Inotiv are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Performance in Previous Earnings
During the last quarter, the company reported an EPS missed by $0.17, leading to a 0.6% drop in the share price on the subsequent day.
Here's a look at Inotiv's past performance and the resulting price change:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.83 | -0.54 | -0.85 | -0.33 |
| EPS Actual | -1 | -0.83 | -0.60 | -0.38 |
| Price Change % | -1.0% | -4.0% | 17.0% | -16.0% |
Performance of Inotiv Shares
Shares of Inotiv were trading at $3.66 as of November 29. Over the last 52-week period, shares are up 48.31%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Inotiv visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
