IONQ Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
27 Feb
IONQ Inc reports results for the quarter ended December 31 - Earnings Summary
  • IONQ Inc IONQ.N reported a quarterly adjusted loss of 93 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of five analysts for the quarter was for a loss of 25 cents per share.

  • Revenue rose 91.8% to $11.71 million from a year ago; analysts expected $9.93 million.

  • IONQ Inc's reported EPS for the quarter was a loss of 93 cents​.

  • The company reported a quarterly loss of $202 million.

  • IONQ Inc shares had fallen by 28.8% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 1.3% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for IONQ Inc is $50.00

This summary was machine generated from LSEG data February 26 at 10:55 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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

-0.25

-0.93

Missed

Sep. 30 2024

-0.22

-0.24

Missed

Jun. 30 2024

-0.22

-0.18

Beat

Mar. 31 2024

-0.25

-0.19

Beat

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