Quipt Home Medical Corp reports results for the quarter ended in December - Earnings Summary

Quipt Home Medical

15/02/2024 11:12

* Quipt Home Medical Corp  QIPT.TO  reported a quarterly
adjusted
loss of 1 cent​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of 1 cents.  The mean expectation of five analysts for the
quarter was for breakeven results per share. Wall Street
expected results to range from -2 cents to 1 cents per share.
    * Revenue rose 60.1% to $65.36 million from a year ago;
analysts
expected $65.57 million. 
    * Quipt Home Medical Corp's reported EPS for the quarter was
a
loss of 1 cent​.
    * The company reported a quarterly loss of $586 thousand.
    * Quipt Home Medical Corp shares had fallen by 3.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 24.9%
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," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Quipt Home
Medical Corp is $10.00 

This summary was machine generated from LSEG data February 15 at
11:11 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
 Dec. 31 2023      0.00           -0.01          Missed
 Sep. 30 2023      0.00           -0.03          Missed
 Jun. 30 2023      0.00           -0.03          Missed
 Mar. 31 2023      0.04           -0.02          Missed