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Thorne Healthtech Inc reports results for the quarter ended in December - Earnings Summary

* Thorne Healthtech Inc  THRN.OQ  reported quarterly
adjusted
earnings of 6 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 3 cents per share.
    * Revenue was $49.86 million​;  analysts expected $49.08
million. 
    * Thorne Healthtech Inc's reported EPS for the quarter was 6
cents​.
    * 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. 
    * Thorne Healthtech Inc shares had fallen by 29.8% this
quarter.
    * The company reported quarterly net income of $3.27
million.
    * Wall Street's median 12-month price target for Thorne
Healthtech
Inc is $11.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 15 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated

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