Joint Corp reports results for the quarter ended in June - Earnings Summary

Joint

09/08/2024 07:08

* Joint Corp  JYNT.OQ  reported a quarterly adjusted loss
of 13
cents​​ per share for the quarter ended in June, lower than the
same quarter last year, when the company reported EPS of -1
cents.  The mean expectation of five analysts for the quarter
was for a loss of 2 cents per share. Wall Street expected
results to range from -7 cents to 3 cents per share.
    * Revenue rose 3.3% to $30.26 million from a year ago;
analysts
expected $29.40 million. 
    * Joint Corp's reported EPS for the quarter was a loss of 24
cents​.
    * The company reported a quarterly loss of $3.57 million.
    * Joint Corp shares had fallen by 12.3% this quarter and
gained 28.3% 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 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Joint Corp is
$15.50 
This summary was machine generated from LSEG data August 9 at
06:08 a.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      -0.02          -0.13          Missed
 Mar. 31 2024      -0.01          0.06           Beat
 Dec. 31 2023      0.01           -0.75          Missed
 Sep. 30 2023      0.02           -0.05          Missed