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

SmileDirectClub

07/11/2022 22:03

* SmileDirectClub Inc  SDC.OQ  reported a quarterly adjusted
loss
of 18 cents​​ per share for the quarter ended in September. The
mean expectation of eight analysts for the quarter was for a
loss of 21 cents per share.
    * Revenue fell 22.5% to $106.77 million from a year ago;
analysts
expected $98.54 million. 
    * SmileDirectClub Inc's reported EPS for the quarter was a
loss
of 18 cents​.
    * The mean earnings estimate of analysts had fallen by
about 92%
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 29.3% this
quarter and
lost 72.8% so far this year.
    * The company reported a quarterly loss of $21.67 million.
    * Wall Street's median 12-month price target for
SmileDirectClub
Inc is $1.10 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
7 at 10:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.21          -0.18          Beat
 Jun. 30 2022      -0.14          -0.17          Missed
 Mar. 31 2022      -0.16          -0.19          Missed
 Dec. 31 2021      -0.27          -0.25          Beat