SmileDirectClub Inc reports results for the quarter ended in December - Earnings Summary

SmileDirectClub

28/02/2023 22:03

* SmileDirectClub Inc  SDC.OQ  reported a quarterly adjusted
loss
of 18 cents​​ per share for the quarter ended in December. The
mean expectation of seven analysts for the quarter was for a
loss of 21 cents per share.
    * Revenue fell 31.5% to $86.53 million from a year ago;
analysts
expected $90.62 million. 
    * SmileDirectClub Inc's reported EPS for the quarter was a
loss
of 18 cents​.
    * The mean earnings estimate of analysts had risen by
about 8.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * SmileDirectClub Inc shares had risen by 51.1% this
quarter.
    * The company reported a quarterly loss of $21.84 million.
    * Wall Street's median 12-month price target for
SmileDirectClub
Inc is $0.75 
    * 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." 

This summary was machine generated from Refinitiv data February
28 at 10:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.21          -0.18          Beat
 Sep. 30 2022      -0.21          -0.18          Beat
 Jun. 30 2022      -0.14          -0.17          Missed
 Mar. 31 2022      -0.16          -0.19          Missed