OrthoPediatrics Corp reports results for the quarter ended March 31 - Earnings Summary

• OrthoPediatrics Corp KIDS.OQ reported a quarterly adjusted loss of 46 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -34 cents. The mean expectation of seven analysts for the quarter was for a loss of 45 cents per share. Wall Street expected results to range from -50 cents to -34 cents per share.

• Revenue rose 17.3% to $52.41 million from a year ago; analysts expected $51.68 million.

• OrthoPediatrics Corp's reported EPS for the quarter was a loss of 46 cents​.

• The company reported a quarterly loss of $10.66 million.

• OrthoPediatrics Corp shares had fallen by 9.9% this quarter and lost 4.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 13.1% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

• Wall Street's median 12-month price target for OrthoPediatrics Corp is $34.50

This summary was machine generated from LSEG data May 8 at 06:09 a.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)