Lucira Health Inc reports results for the quarter ended in March - Earnings Summary

Lucira Health

12/05/2022 22:47

* Lucira Health Inc  LHDX.OQ  reported quarterly adjusted
earnings
of 40 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue rose 1,903.4% to $90.47 million from a year ago; 
analysts expected $85.35 million. 
    * Lucira Health Inc's reported EPS for the quarter was 31
cents​.
    * The mean earnings estimate of analysts had risen by
about 73.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Lucira Health Inc shares had fallen by 30.0% this
quarter and
lost 71.0% so far this year.
    * The company reported quarterly net income of $13.08
million.
    * Wall Street's median 12-month price target for Lucira
Health Inc
is $7.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated May 12 at 09:46 p.m.  ​All
figures in US dollars unless otherwise stated