OrthoPediatrics Corp reports results for the quarter ended in December - Earnings Summary

Orthopediatrics

06/03/2024 22:38

* OrthoPediatrics Corp  KIDS.OQ  reported a quarterly
adjusted
loss of 29 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -35 cents.  The mean expectation of
seven analysts for the quarter was for a loss of 28 cents per
share. Wall Street expected results to range from -36 cents
to -24 cents per share.
    * Revenue rose 21.4% to $37.61 million from a year ago;
analysts
expected $37.73 million. 
    * OrthoPediatrics Corp shares had fallen by 16.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
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 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for OrthoPediatrics
Corp is $38.50 
This summary was machine generated from LSEG data March 6 at
10:37 p.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
 Dec. 31 2023      -0.28          -0.29          Missed
 Sep. 30 2023      -0.23          -0.20          Beat
 Jun. 30 2023      -0.22          -0.13          Beat
 Mar. 31 2023      -0.36          -0.30          Beat