Viemed Healthcare Inc reports results for the quarter ended in September 30 - Earnings Summary

Viemed Healthcare

07/11/2024 05:14

* Viemed Healthcare Inc  VMD.OQ  reported quarterly adjusted
earnings of 10 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 7 cents.  The mean expectation of two analysts
for the quarter was for earnings of 8 cents per share. Wall
Street expected results to range from 6 cents to 9 cents per
share.
    * Revenue rose 17.4% to $58.00 million from a year ago;
analysts
expected $57.15 million. 
    * Viemed Healthcare Inc's reported EPS for the quarter was
10
cents​.
    * The company reported quarterly net income of $3.88
million.
    * Viemed Healthcare Inc shares had risen by 20.1% this
quarter and
gained 12.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.3%
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 "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Viemed Healthcare
Inc is $12.50 
This summary was machine generated from LSEG data November 7 at
05:13 a.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
 Sep. 30 2024      0.08           0.10           Beat
 Jun. 30 2024      0.07           0.04           Missed
 Mar. 31 2024      0.07           0.04           Missed
 Dec. 31 2023      0.10           0.09           Missed