LifeMD Inc expected to post a loss of 12 cents a share - Earnings Preview

LifeMD

06/08/2024 03:22

* LifeMD Inc  LFMD.OQ   LFMD.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
34.2% increase in revenue to $48.251 million from $35.95 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on May 8 2024, for the
period ended June 30, was for revenue between $48.00 million and
$50.00 million.
    * ​LSEG's mean analyst estimate for LifeMD Inc is for a loss
of 12
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for LifeMD Inc
is
$12.00​, above​ its last closing price of $5.98. ​​​

The company's guidance on May 8 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD48 million and USD3 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.16       -0.15      -0.19     Missed  -23.4
 Dec. 31 2024  -0.12       -0.14      -0.12     Beat    14.3
 Sep. 30 2023  -0.15       -0.15      -0.20     Missed  -29​
 Jun. 30 2023  -0.10       -0.10      -0.23     Missed  -122.6
 ​​Mar.        -0.16       -0.16      -0.15     Beat    6.3
 31 2023                                                
 Dec. 31 2022  -0.18       -0.18      -0.40     Missed  -122.2
                                                        ​
 Jan. 1 0001   -0.30       -0.28      -0.26     Beat    8.8
 Jun. 30 2022  -0.35       -0.35      -0.45     Missed  -28.6
 This summary was machine generated August 6 at 02:22 GMT.  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)