23andMe Holding Co. reports results for the quarter ended in January - Earnings Summary

Chrome Holding Co

24/05/2024 21:51

* 23andMe Holding Co.  ME.OQ  reported a quarterly adjusted
loss
of 11 cents​​ per share for the quarter ended in January, higher
than the same quarter last year, when the company reported EPS
of -14 cents.  The mean expectation of two analysts for the
quarter was for a loss of 15 cents per share. 
    * Revenue fell 30.7% to $64.03 million from a year ago;
analysts
expected $56.87 million. 
    * 23andMe Holding Co. shares had fallen by 4.2% this
quarter and
lost 44.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.6%
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 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is  "hold."

Wall Street's median 12-month price target for 23andMe Holding
Co. is $1.24 
This summary was machine generated from LSEG data May 24 at
08:51 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
 Mar. 31 2024      -0.15          -0.11          Beat
 Dec. 31 2023      -0.14          -0.16          Missed
 Sep. 30 2023      -0.14          -0.16          Missed
 Jun. 30 2023      -0.15          -0.23          Missed