FitLife Brands Inc reports results for the quarter ended June 30 - Earnings Summary

• FitLife Brands Inc FTLF.OQ reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended June 30. The mean expectation of two analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 17 cents to 18 cents per share.

• Revenue was $16.13 million​; analysts expected $16.08 million.

• FitLife Brands Inc shares had risen by 24.6% this quarter and lost 0.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 39.7% 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 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the food processing peer group is also "buy"

• Wall Street's median 12-month price target for FitLife Brands Inc is $20.50, about 20.9% above its last closing price of $16.22

This summary was machine generated from LSEG data August 14 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)