Intuitive Machines Inc reports results for the quarter ended March 31 - Earnings Summary

• Intuitive Machines Inc LUNR.OQ reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-2.70. The mean expectation of five analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -10 cents to -7 cents per share.

• Revenue fell 14.4% to $62.52 million from a year ago; analysts expected $64.48 million.

• Intuitive Machines Inc's reported EPS for the quarter was a loss of 11 cents​.

• The company reported a quarterly loss of $11.4 million.

• Intuitive Machines Inc shares had risen by 56.1% this quarter and lost 36.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1,174.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"

• Wall Street's median 12-month price target for Intuitive Machines Inc is $16.00

This summary was machine generated from LSEG data May 14 at 04:47 p.m. UTC. ​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)