SmileDirectClub Inc expected to post a loss of 21 cents a share - Earnings Preview

SmileDirectClub

25/02/2023 03:04

* SmileDirectClub Inc  SDC.OQ   SDC.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 28. 
    * The Nashville Tennessee-based  company is expected to
report  a
28.2% decrease in revenue to $90.62 million from $126.29 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on January 17
2023, for the period ended December 31, was for revenue between
$86.00 million and $88.00 million.
    * ​Refinitiv's mean analyst estimate for SmileDirectClub Inc
is
for a loss of 21 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
SmileDirectClub
Inc is $0.75​, above​ its last closing price of $0.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.21       -0.21      -0.18     Beat    15.6
 Jun. 30 2022  -0.15       -0.14      -0.17     Missed  -24.4
 Mar. 31 2022  -0.18       -0.16      -0.19     Missed  -18.3​
 Dec. 31 2021  -0.30       -0.27      -0.25     Beat    6.7
 ​​Sep.        -0.14       -0.13      -0.23     Missed  -77.5
 30 2021                                                
 Jun. 30 2021  -0.10       -0.09      -0.14     Missed  -48.9​
 Mar. 31 2021  -0.13       -0.13      -0.25     Missed  -91.4
 Dec. 31 2020  -0.10       -0.10      -0.09     Beat    7
 This summary was machine generated February 25 at 03:03 GMT. 
All figures in US dollars  unless otherwise stated