Wall Street brokerages forecast that IDEX Biometrics ASA (NASDAQ:IDBA – Get Rating) will announce ($0.57) earnings per share (EPS) for the current quarter, Zacks reports. Two analysts have provided estimates for IDEX Biometrics ASA’s earnings, with estimates ranging from ($0.57) to ($0.56). IDEX Biometrics ASA posted earnings per share of ($0.75) during the same quarter last year, which indicates a positive year over year growth rate of 24%. The company is scheduled to announce its next earnings results on Monday, January 1st.
According to Zacks, analysts expect that IDEX Biometrics ASA will report full-year earnings of ($2.21) per share for the current fiscal year, with EPS estimates ranging from ($2.23) to ($2.18). For the next financial year, analysts forecast that the business will post earnings of ($1.23) per share, with EPS estimates ranging from ($1.83) to ($0.63). Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover IDEX Biometrics ASA.
IDEX Biometrics ASA (NASDAQ:IDBA – Get Rating) last released its quarterly earnings results on Thursday, February 24th. The company reported ($1.50) EPS for the quarter, missing analysts’ consensus estimates of ($0.56) by ($0.94). The company had revenue of $0.79 million during the quarter, compared to analysts’ expectations of $0.82 million. IDEX Biometrics ASA had a negative net margin of 1,146.20% and a negative return on equity of 115.40%.
Shares of IDEX Biometrics ASA stock opened at $8.62 on Thursday. IDEX Biometrics ASA has a 1 year low of $8.62 and a 1 year high of $31.62. The firm has a market cap of $116.38 million, a PE ratio of -2.30 and a beta of 2.49. The stock has a fifty day moving average price of $14.64 and a 200-day moving average price of $21.14.
IDEX Biometrics ASA Company Profile (Get Rating)
IDEX Biometrics ASA engages in the design, development, and sale of fingerprint identification and authentication solutions in Europe, the Middle East, Africa, the Americas, and Asia. The company offers IDEX Biometrics for the biometrics smart card market, including biometric fingerprint sensors for use in dual interface, contactless only, and contact only smart cards; biometric fingerprint modules for contact based smart cards; and on-card enrollment solutions for remote in-person enrollment.
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