Biote Corp reports results for the quarter ended December 31 - Earnings Summary

• Biote Corp BTMD.OQ reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of five analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 6 cents to 13 cents per share.

• Revenue rose 9% to $49.83 million from a year ago; analysts expected $51.24 million.

• Biote Corp's reported EPS for the quarter was 10 cents​.

• The company reported quarterly net income of $3.7 million.

• Biote Corp shares had fallen by 33.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 7.1% 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 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the professional information services peer group is also "buy"

Wall Street's median 12-month price target for Biote Corp is $9.84

This summary was machine generated from LSEG data March 12 at 09:00 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)