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Stock impact report

Inotiv Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]

Inotiv, Inc. (NOTV) 
Company Research Source: Yahoo! Finance
Net loss: US$26.1m (down from US$1.84m profit in 3Q 2023). US$1.00 loss per share (down from US$0.072 profit in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Inotiv Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 20%. Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Life Sciences industry in the US. Performance of the American Life Sciences industry. The company's shares are down 11% from a week ago. Risk Analysis You should always think about risks. Case in point, we've spotted 3 warning signs for Inotiv you should be aware of, and 1 of them is significant. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general i Show less Read more
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