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QIPT Quipt Home Medical News Story

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Quipt Home Medical Corp reports results for the quarter ended June 30 - Earnings Summary

Quipt Home Medical Corp QIPT.TO reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -4 cents.  The mean expectation of three analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -9 cents to -5 cents per share.

Revenue fell 8.9% to $58.29 million from a year ago; analysts expected $57.52 million.

Quipt Home Medical Corp's reported EPS for the quarter was a loss of 7 cents​.

The company reported a quarterly loss of $3.03 million.

Quipt Home Medical Corp shares had risen by 10.6% this quarter and lost 35.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 90.9% 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 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

Wall Street's median 12-month price target for Quipt Home Medical Corp is $3.10, about 36.1% above its last closing price of $1.98

This summary was machine generated from LSEG data August 13 at 09:53 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-0.07-0.07Met
Mar. 31 20250.00-0.07Missed
Dec. 31 2024-0.04-0.03Beat
Sep. 30 2024-0.02-0.04Missed

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