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

Imac Holdings

19/05/2023 22:27

* IMAC Holdings Inc  BACK.OQ  reported a quarterly adjusted
loss
of 11 cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 5 cents per
share.
    * Revenue fell 46.3% to $2.09 million from a year ago;
analysts
expected $2.70 million. 
    * IMAC Holdings Inc's reported EPS for the quarter was a
loss
of 11 cents​.
    * The mean earnings estimate of analysts had risen by
about 16.7%
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 risen by 4.6% this
quarter and
lost 25.0% so far this year.
    * The company reported a quarterly loss of $3.7 million.
    * Wall Street's median 12-month price target for IMAC
Holdings Inc
is $1.50 
    * 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 May
19 at 09:27 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.08          -0.07          Beat