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

Imac Holdings

21/08/2023 22:58

* IMAC Holdings Inc  BACK.OQ  reported a quarterly adjusted
loss
of 4 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 3 cents per
share.
    * Revenue fell 73.3% to $1.34 million from a year ago;
analysts
expected $1.80 million. 
    * IMAC Holdings Inc's reported EPS for the quarter was a
loss of 4
cents​.
    * The mean earnings estimate of analysts had risen by
about 40% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * IMAC Holdings Inc shares had fallen by 1.8% this
quarter and
lost 45.9% so far this year.
    * The company reported a quarterly loss of $1.4 million.
    * Wall Street's median 12-month price target for IMAC
Holdings Inc
is $1.25 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 21 at 09:58 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.03          -0.04          Missed
 Mar. 31 2023      -0.05          -0.11          Missed
 Dec. 31 2022      -0.07          -0.23          Missed
 Sep. 30 2022      -0.08          -0.23          Missed