LifeMD Inc reports results for the quarter ended in June - Earnings Summary

LifeMD

09/08/2023 22:47

* LifeMD Inc  LFMD.OQ  reported a quarterly adjusted loss
of 23
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 10 cents per share.
    * Revenue rose 18% to $35.95 million from a year ago;
analysts
expected $35.17 million. 
    * LifeMD Inc's reported EPS for the quarter was a loss of 23
cents​.
    * The mean earnings estimate of analysts had risen by
about 26.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * LifeMD Inc shares had fallen by 13.8% this quarter and
gained 93.3% so far this year.
    * The company reported a quarterly loss of $7.51 million.
    * Wall Street's median 12-month price target for LifeMD Inc
is
$7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:47 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.10          -0.23          Missed
 Mar. 31 2023      -0.16          -0.15          Beat
 Dec. 31 2022      -0.18          -0.40          Missed
 Sep. 30 2022      -0.28          -0.26          Beat