Joint Corp reports results for the quarter ended June 30 - Earnings Summary

• Joint Corp JYNT.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of five analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -11 cents to 6 cents per share.

• Revenue fell 56.1% to $13.27 million from a year ago; analysts expected $13.32 million.

• Joint Corp's reported EPS for the quarter was 1 cent​.

• The company reported quarterly net income of $93 thousand.

• Joint Corp shares had fallen by 3.6% this quarter and gained 4.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the healthcare facilities & services peer group is also "buy"

• Wall Street's median 12-month price target for Joint Corp is $15.50, about 31% above its last closing price of $10.70

This summary was machine generated from LSEG data August 8 at 03:45 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)