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

Viemed Healthcare

02/11/2023 20:16

* Viemed Healthcare Inc  VMD.TO  reported quarterly adjusted
earnings of 7 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of 3 cents.  The mean expectation of
two analysts for the quarter was for earnings of 9 cents per
share. Wall Street expected results to range from 8 cents to 9
cents per share.
    * Revenue rose 38.2% to $49.40 million from a year ago;
analysts
expected $49.50 million. 
    * Viemed Healthcare Inc's reported EPS for the quarter was 7
cents​.
    * The company reported quarterly net income of $2.92
million.
    * Viemed Healthcare Inc shares had fallen by 9.8% this
quarter and
lost 19.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.6%
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 1 "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 $15.00 
This summary was machine generated from LSEG data November 2 at
08:15 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.09           0.07           Missed
 Jun. 30 2023      0.05           0.06           Beat
 Mar. 31 2023      0.05           0.04           Missed
 Dec. 31 2022      0.05           0.06           Beat