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

SmileDirectClub

09/05/2022 23:01

* SmileDirectClub Inc  SDC.OQ  reported a quarterly adjusted
loss
of 19 cents​​ per share for the quarter ended in March. The mean
expectation of twelve analysts for the quarter was for a loss
of 16 cents per share.
    * Revenue fell 28.6% to $142.51 million from a year ago; 
analysts
expected $134.22 million. 
    * SmileDirectClub Inc's reported EPS for the quarter was a
loss
of 19 cents​.
    * The mean earnings estimate of analysts had risen by
about 19.8%
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 fallen by 31.3% this
quarter and
lost 24.3% so far this year.
    * The company reported a quarterly loss of $22.58 million.
    * Wall Street's median 12-month price target for
SmileDirectClub
Inc is $2.20 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and 5 "sell" or "strong sell." 

This summary was machine generated May 9 at 10:01 p.m.  ​All
figures in US dollars unless otherwise stated