Imac Holdings Inc Reports Results For The Quarter Ended In December: Earnings Summary

Imac Holdings

16/04/2024 23:24

* IMAC Holdings Inc  BACK.OQ  reported a quarterly adjusted
loss
of $1.31​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of $-6.90.  The lone analyst forecast for the quarter was for a
loss of 73 cents per share. 
    * Revenue fell 94.4% to $194.00 thousand from a year ago;
analysts
expected $1.00 million. 
    * IMAC Holdings Inc's reported EPS for the quarter was a
loss of
$1.31​.
    * The company reported a quarterly loss of $1.46 million.
    * IMAC Holdings Inc shares had risen by 9.5% this
quarter and
gained 51.6% 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," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for IMAC
Holdings Inc
is $10.00 

This summary was machine generated from LSEG data April 16 at
10:23 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 2023      -0.73          -1.31          Missed
 Sep. 30 2023      -0.60          -2.63          Missed
 Jun. 30 2023      -0.90          -1.20          Missed
 Mar. 31 2023      -1.50          -3.30          Missed