LifeMD Inc expected to post a loss of 35  cents a share - Earnings Preview

LifeMD

10/08/2022 03:05

* LifeMD Inc  LFMD.OQ   LFMD.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 11. 
    * The New York City-based  company is expected to report  a
43.3% increase in revenue to $31.965 million from $22.31 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for LifeMD Inc is for a
loss
of 35 cents per share. For the same quarter last year, the
company reported a loss of 64 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "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
$8​, above​ its last closing price of $2.94. ​​​

This summary was machine generated August 10 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated