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

Thorne HealthTech

30/03/2023 23:46

* Thorne Healthtech Inc  THRN.OQ  reported quarterly
adjusted
earnings of 24 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 18 cents per share.
    * Revenue rose 26.3% to $62.96 million from a year ago;
analysts
expected $63.91 million. 
    * Thorne Healthtech Inc's reported EPS for the quarter was
24
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 risen by 34.7% this
quarter.
    * The company reported quarterly net income of $12.4
million.
    * Wall Street's median 12-month price target for Thorne
Healthtech
Inc is $7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 30 at 10:46 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.18           0.24           Beat
 Sep. 30 2022      0.14           0.07           Missed
 Jun. 30 2022      0.00           -0.11          Missed
 Mar. 31 2022      0.10           0.09           Missed