Viemed Healthcare Inc reports results for the quarter ended September 30 - Earnings Summary

• Viemed Healthcare Inc reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of three analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 12 cents to 13 cents per share.

• Revenue rose 12.2% to $80.67 million from a year ago; analysts expected $80.78 million.

• Viemed Healthcare Inc's reported EPS for the quarter was 11 cents​.

• The company reported quarterly net income of $860 thousand.

• Viemed Healthcare Inc shares had risen by 3.9% this quarter and gained 27.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "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 Viemed Healthcare Inc is $12.50, about 19.1% above its last closing price of $10.11

This summary was machine generated from LSEG data November 5 at 02:11 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)