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

SmileDirectClub

08/08/2023 23:01

* SmileDirectClub Inc  SDC.OQ  reported a quarterly adjusted
loss
of 13 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for a loss
of 12 cents per share.
    * Revenue fell 19.1% to $101.80 million from a year ago;
analysts
expected $101.91 million. 
    * SmileDirectClub Inc's reported EPS for the quarter was a
loss
of 13 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.5%
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 55.9% this
quarter and
gained 134.7% so far this year.
    * The company reported a quarterly loss of $17.77 million.
    * Wall Street's median 12-month price target for
SmileDirectClub
Inc is $0.60 
    * 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 LSEG Refinitiv data
August 8 at 10:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.12          -0.13          Missed
 Mar. 31 2023      -0.13          -0.16          Missed
 Dec. 31 2022      -0.21          -0.18          Beat
 Sep. 30 2022      -0.21          -0.18          Beat