Quipt Home Medical Corp reports results for the quarter ended in June - Earnings Summary
15/08/2024 08:17
* Quipt Home Medical Corp QIPT.TO reported a quarterly
adjusted
loss of 4 cents per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of -3 cents. The mean expectation of five analysts for the
quarter was for a loss of one cent per share. Wall Street
expected results to range from -3 cents tozero cents per share.
* Revenue rose 6.1% to $63.97 million from a year ago;
analysts
expected $65.05 million.
* Quipt Home Medical Corp's reported EPS for the quarter was
a
loss of 4 cents.
* The company reported a quarterly loss of $1.7 million.
* Quipt Home Medical Corp shares had risen by 3.7% this
quarter and lost 34.4% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 324.9% 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 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"
Wall Street's median 12-month price target for Quipt Home
Medical Corp is $10.00
This summary was machine generated from LSEG data August 15 at
07:17 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
Jun. 30 2024 -0.01 -0.04 Missed
Mar. 31 2024 0.01 -0.03 Missed
Dec. 31 2023 0.00 -0.01 Missed
Sep. 30 2023 0.00 -0.03 Missed