Strata Skin Sciences Inc Reports Results For The Quarter Ended In December: Earnings Summary

STRATA Skin Sciences

27/03/2024 21:01

* STRATA Skin Sciences Inc  SSKN.OQ  reported a quarterly
adjusted
loss of 11 cents​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
breakeven earnings per share.  The mean expectation of
two analysts for the quarter was for a loss of 2 cents per
share. 
    * Revenue fell 41.4% to $6.21 million from a year ago;
analysts
expected $10.01 million. 
    * STRATA Skin Sciences Inc's reported EPS for the quarter
was a
loss of 11 cents​.
    * The company reported a quarterly loss of $3.79 million.
    * STRATA Skin Sciences Inc shares had fallen by 16.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is  "buy."

Wall Street's median 12-month price target for STRATA Skin
Sciences Inc is $3.60 
This summary was machine generated from LSEG data March 27 at
09:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.02          -0.11          Missed
 Sep. 30 2023      -0.04          -0.03          Beat
 Jun. 30 2023      -0.05          -0.06          Missed
 Mar. 31 2023      -0.07          -0.08          Missed