Viemed Healthcare Expects Q1 Net Revenues Of $49.7M-$51M, Est $51.9M
Portfolio Pulse from Benzinga Newsdesk
Viemed Healthcare anticipates its Q1 net revenues to be between $49.7M and $51M, falling short of the estimated $51.9M.
March 06, 2024 | 10:13 pm
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Viemed Healthcare expects its Q1 net revenues to range from $49.7M to $51M, which is below the analysts' expectations of $51.9M.
Revenue forecasts that fall short of market expectations typically lead to negative investor sentiment and can result in a decrease in stock price in the short term. Given that Viemed Healthcare's projected revenues are below the estimated figures, this could lead to a negative impact on its stock price.
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