Sanara Medtech Inc reports results for the quarter ended December 31 - Earnings Summary

• Sanara Medtech Inc SMTI.OQ reported a quarterly adjusted loss of 18 cents​​ per share for the quarter ended December 31, lower 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 a loss of 11 cents per share. Wall Street expected results to range from -19 cents to -4 cents per share.

• Revenue rose 48.7% to $26.31 million from a year ago; analysts expected $25.80 million.

• Sanara Medtech Inc's reported EPS for the quarter was a loss of 18 cents​.

• The company reported a quarterly loss of $1.54 million.

• Sanara Medtech Inc shares had risen by 7.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 65.2% 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 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the pharmaceuticals peer group is also "buy"

Wall Street's median 12-month price target for Sanara Medtech Inc is $48.00

This summary was machine generated from LSEG data March 25 at 01:31 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)