Impinj Inc <PI.OQ> expected to post earnings of 48 cents a share - Earnings Preview

• Impinj Inc PI.OQ PI.O is expected to show a rise in quarterly revenue when it reports results on February 5 for the period ending December 31 2024

• The Seattle Washington-based company is expected to report a 31.6% increase in revenue to $92.953 million from $70.65 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.The company's guidance on January 14 2025, for the period ended December 31, was for revenue between 91.00 million and 94.00 million.

• ​LSEG's mean analyst estimate for Impinj Inc is for earnings of 48 cents per share. The company's EPS guidance on October 23 2024, for the period ended December 31, was between 0.45 and 0.49

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 1 "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 Impinj Inc is $235.00​, above​ its last closing price of $126.89. ​​​

The company's guidance on January 14 2025 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 91 million and 15.1 million.The company's guidance on October 23 2024 for the period ended December 31 was for gross profit margin of 53%.

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

This summary was machine generated February 3 at 21:31 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)