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

SmileDirectClub

10/05/2023 19:04

* SmileDirectClub Inc  SDC.OQ  reported a quarterly adjusted
loss
of 16 cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for a loss
of 13 cents per share.
    * Revenue fell 16% to $119.78 million from a year ago;
analysts
expected $107.25 million. 
    * SmileDirectClub Inc's reported EPS for the quarter was a
loss
of 16 cents​.
    * The mean earnings estimate of analysts had risen by
about 4.3%
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 7.0% this
quarter and
gained 13.6% so far this year.
    * The company reported a quarterly loss of $21.42 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 May
10 at 06:04 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.14          -0.17          Missed