Beauty Health Co reports results for the quarter ended in June - Earnings Summary

Skinhealth Systems

09/08/2024 07:41

* Beauty Health Co  SKIN.OQ  reported quarterly breakeven
results​​ per share for the quarter ended in June, lower than
the same quarter last year, when the company reported EPS of 17
cents.  The mean expectation of ten analysts for the quarter was
for a loss of 5 cents per share. Wall Street expected results to
range from -11 cents to 2 cents per share.
    * Revenue fell 22.9% to $90.60 million from a year ago;
analysts
expected $98.51 million. 
    * Beauty Health Co's reported EPS for the quarter was
breakeven
results​.
    * The company reported quarterly net income of $200
thousand.
    * Beauty Health Co shares had fallen by 32.8% this
quarter and
lost 58.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and 3 "sell" or "strong sell." 
    * The average consensus recommendation for the personal
products
peer group is also "hold"

Wall Street's median 12-month price target for Beauty Health Co
is $3.00 
This summary was machine generated from LSEG data August 9 at
06:41 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      -0.05          0.00           Beat
 Mar. 31 2024      -0.14          -0.01          Beat
 Dec. 31 2023      -0.08          -0.07          Beat
 Sep. 30 2023      0.09           0.10           Beat