Biote Corp expected to post earnings of 9 cents a share - Earnings Preview

biote

07/08/2024 01:55

* Biote Corp  BTMD.OQ   BTMD.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The Irving Texas-based  company is expected to report a
0.4% decrease in revenue to $49.062 million from $49.26 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Biote Corp is for
earnings of
9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"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 Biote Corp
is
$9.00​, above​ its last closing price of $7.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.03        0.03       -0.06     Missed  -280
 Dec. 31 2024  0.08        0.08       0.18      Beat    134.8
 Jan. 1 0001   0.08        0.08       0.24      Beat    220​
 Jun. 30 2023  0.09        0.10       -0.25     Missed  -363.2
 ​​Mar.        0.09        0.09       -0.39     Missed  -533.3
 31 2023                                                
 Dec. 31 2022              0.14       0.18      Beat    28.6​
 Sep. 30 2022  0.14        0.14       -1.74     Missed  -1,388
                                                        .9
 Jun. 30 2022  0.14        0.14       1.19      Beat    750
 This summary was machine generated August 7 at 00:55 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)