Innofactor Oyj (OHEL:IFA1V) Q3 2024: Everything You Need To Know Ahead Of Earnings

Innofactor Oyj (OHEL:IFA1V, Financial) is set to release its Q3 2024 earnings on Oct 22, 2024. The consensus estimate for Q3 2024 revenue is $17.50 million, and the earnings are expected to come in at $0.02 per share. The full year 2024's revenue is expected to be $80.50 million and the earnings are expected to be $0.10 per share. More detailed estimate data can be found on the Forecast page.

Innofactor Oyj (OHEL:IFA1V, Financial) Estimate Trends

Over the past 90 days, revenue estimates for Innofactor Oyj (OHEL:IFA1V) for the full year 2024 have declined from $83.00 million to $80.50 million, and for 2025, from $86.00 million to $83.50 million. Earnings estimates have also been revised downward, from $0.11 per share to $0.10 per share for the full year 2024, and from $0.14 per share to $0.13 per share for 2025.

Innofactor Oyj (OHEL:IFA1V, Financial) Reported History

In the previous quarter of 2024-06-30, Innofactor Oyj's (OHEL:IFA1V) actual revenue was $19.87 million, which missed analysts' revenue expectations of $20.50 million by -3.09%. Innofactor Oyj's (OHEL:IFA1V) actual earnings were -$0.01 per share, which missed analysts' earnings expectations of $0.025 per share by -136%. After releasing the results, Innofactor Oyj (OHEL:IFA1V) was down by -9.84% in one day.

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Innofactor Oyj (OHEL:IFA1V, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for Innofactor Oyj (OHEL:IFA1V) is $1.68 with a high estimate of $1.68 and a low estimate of $1.68. The average target implies a flat from the current price of $1.68.

Based on GuruFocus estimates, the estimated GF Value for Innofactor Oyj (OHEL:IFA1V, Financial) in one year is $1.36, suggesting a downside of -19.05% from the current price of $1.68.

Based on the consensus recommendation from 2 brokerage firms, Innofactor Oyj's (OHEL:IFA1V, Financial) average brokerage recommendation is currently 3.5, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.