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

Chrome Holding Co

08/08/2024 23:20

* 23andMe Holding Co.  ME.OQ  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended in June, higher
than the same quarter last year, when the company reported EPS
of -23 cents.  The lone analyst forecast for the quarter was
for a loss of 22 cents per share. 
    * Revenue fell 33.6% to $40.41 million from a year ago;
analysts
expected $52.05 million. 
    * 23andMe Holding Co. shares had fallen by 4.3% this
quarter and
lost 59.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 $1.32 
This summary was machine generated from LSEG data August 8 at
10:20 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
 Jun. 30 2024      -0.22          -0.12          Beat
 Mar. 31 2024      -0.15          -0.11          Beat
 Dec. 31 2023      -0.14          -0.16          Missed
 Sep. 30 2023      -0.14          -0.16          Missed