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

SmileDirectClub

08/08/2022 23:01

* SmileDirectClub Inc  SDC.OQ  reported a quarterly adjusted
loss
of 17 cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for a loss
of 14 cents per share.
    * Revenue fell 27.8% to $125.80 million from a year ago;
analysts
expected $141.86 million. 
    * SmileDirectClub Inc's reported EPS for the quarter was a
loss
of 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * SmileDirectClub Inc shares had risen by 29.8% this
quarter and
lost 42.6% so far this year.
    * The company reported a quarterly loss of $20.31 million.
    * Wall Street's median 12-month price target for
SmileDirectClub
Inc is $1.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 4 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 8
at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.14          -0.17          Missed
 Mar. 31 2022      -0.16          -0.19          Missed
 Dec. 31 2021      -0.27          -0.25          Beat
 Sep. 30 2021      -0.13          -0.23          Missed