OrthoPediatrics Corp reports results for the quarter ended in September 30 - Earnings Summary

Orthopediatrics

07/11/2024 04:51

* OrthoPediatrics Corp  KIDS.OQ  reported a quarterly
adjusted
loss of 34 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of -20 cents.  The mean expectation of six analysts for the
quarter was for a loss of 24 cents per share. Wall Street
expected results to range from -30 cents to -13 cents per share.
    * Revenue rose 36.5% to $54.57 million from a year ago;
analysts
expected $53.73 million. 
    * OrthoPediatrics Corp's reported EPS for the quarter was a
loss
of 34 cents​.
    * The company reported a quarterly loss of $7.92 million.
    * OrthoPediatrics Corp shares had risen by 10.0% this
quarter and
lost 8.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.1%
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," 1
"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 $43.00 
This summary was machine generated from LSEG data November 7 at
04:51 a.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
 Sep. 30 2024      -0.24          -0.34          Missed
 Jun. 30 2024      -0.27          -0.26          Beat
 Mar. 31 2024      -0.40          -0.34          Beat
 Dec. 31 2023      -0.28          -0.29          Missed