LifeMD Inc reports results for the quarter ended September 30 - Earnings Summary

• LifeMD Inc LFMD.OQ reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of six analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -15 cents to -6 cents per share.

• Revenue rose 38.3% to $53.39 million from a year ago; analysts expected $53.80 million.

• LifeMD Inc's reported EPS for the quarter was a loss of 14 cents​.

• The company reported a quarterly loss of $5.91 million.

• LifeMD Inc shares had fallen by 2.1% this quarter and lost 38.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4.1% 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 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for LifeMD Inc is 12.00

This summary was machine generated from LSEG data November 8 at 09:46 p.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)