Thorne Healthtech Inc expected to post earnings of 6  cents a share - Earnings Preview

Thorne HealthTech

05/08/2023 03:07

* Thorne Healthtech Inc  THRN.OQ   THRN.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 8. 
    * The Summerville South Carolina-based  company is expected
to
report  a 22.1% increase in revenue to $68.46 million from
$56.07 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Thorne Healthtech
Inc is
for earnings of 6 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Thorne
Healthtech
Inc is $8​, above​ its last closing price of $5.87. ​​​

This summary was machine generated August 5 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated