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

Thorne HealthTech

09/11/2022 23:26

* Thorne Healthtech Inc  THRN.OQ  reported quarterly
adjusted
earnings of 7 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 14 cents per share.
    * Revenue rose 21.7% to $58.42 million from a year ago;
analysts
expected $63.44 million. 
    * Thorne Healthtech Inc's reported EPS for the quarter was 7
cents​.
    * The mean earnings estimate of analysts had risen by
about 64.7%
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 2.1% this
quarter and
lost 22.2% so far this year.
    * The company reported quarterly net income of $3.74
million.
    * Wall Street's median 12-month price target for Thorne
Healthtech
Inc is $8.00 
    * 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 from Refinitiv data November
9 at 11:25 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.14           0.07           Missed
 Jun. 30 2022      0.00           -0.11          Missed
 Mar. 31 2022      0.10           0.09           Missed
 Dec. 31 2021      0.03           0.06           Beat