InterDigital Inc <IDCC.OQ> expected to post earnings of $4.12 a share - Earnings Preview

• InterDigital Inc IDCC.OQ IDCC.O is expected to show a rise in quarterly revenue when it reports results on February 6 for the period ending December 31 2024

• The Wilmington Delaware-based company is expected to report a 131.5% increase in revenue to $244.234 million from $105.52 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on October 31 2024, for the period ended December 31, was for revenue between $239.00 million and $249.00 million.

• ​LSEG's mean analyst estimate for InterDigital Inc is for earnings of $4.12 per share. The company's EPS guidance on October 31 2024, for the period ended December 31, was between $5.42 and $5.70

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and 1 "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 InterDigital Inc is $185.50​, above​ its last closing price of $181.99. ​​​

The company's guidance on October 31 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD239 million and USD190 million.

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

This summary was machine generated February 4 at 13:33 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)