Beauty Health Co reports results for the quarter ended June 30 - Earnings Summary

• Beauty Health Co SKIN.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of seven analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -8 cents to -3 cents per share.

• Revenue fell 13.7% to $78.20 million from a year ago; analysts expected $74.50 million.

• Beauty Health Co's reported EPS for the quarter was 3 cents​.

• The company reported quarterly net income of $19.7 million.

• Beauty Health Co shares had fallen by 16.8% this quarter and held steady so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 17.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 6 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the personal products peer group is "buy."

• Wall Street's median 12-month price target for Beauty Health Co is $1.50, about 6% below its last closing price of $1.59

This summary was machine generated from LSEG data August 8 at 03:49 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)