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

STRATA Skin Sciences

15/05/2024 22:41

* STRATA Skin Sciences Inc  SSKN.OQ  reported a quarterly
adjusted
loss of 10 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of -8 cents.  The mean expectation of two analysts for the
quarter was for a loss of 7 cents per share. Wall Street
expected results to range from -7 cents to -7 cents per share.
    * Revenue fell 10.7% to $6.75 million from a year ago;
analysts
expected $6.91 million. 
    * STRATA Skin Sciences Inc's reported EPS for the quarter
was a
loss of 10 cents​.
    * The company reported a quarterly loss of $3.37 million.
    * STRATA Skin Sciences Inc shares had risen by 1.3% this
quarter and lost 30.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 72.5%
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 $3.05 
This summary was machine generated from LSEG data May 15 at
09:40 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
 Mar. 31 2024      -0.07          -0.10          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