Viemed Healthcare Q3 2023 Gaap EPS $0.07 Misses $0.08 Estimate, Sales $49.40M Miss $49.50M Estimate
Portfolio Pulse from saritha@benzinga.com
Viemed Healthcare (NASDAQ:VMD) reported Q3 2023 earnings of $0.07 per share, missing the analyst consensus estimate of $0.08 by 12.5%. The company also reported quarterly sales of $49.40 million, missing the analyst consensus estimate of $49.50 million by 0.20%. However, both earnings and sales have increased compared to the same period last year.
November 01, 2023 | 9:03 pm
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NEGATIVE IMPACT
Viemed Healthcare's Q3 2023 earnings and sales missed estimates, but showed an increase compared to the same period last year.
Viemed Healthcare's earnings and sales missed analyst estimates, which could negatively impact the stock price in the short term. However, the YoY growth in both earnings and sales might mitigate this negative impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100