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Raymond James Weighs in on Quipt Home Medical Corp.'s Q1 2023 Earnings (CVE:QIP)

Defense World ·  Jan 9, 2023 01:32

Quipt Home Medical Corp. (CVE:QIP – Get Rating) – Raymond James dropped their Q1 2023 EPS estimates for Quipt Home Medical in a report released on Thursday, January 5th. Raymond James analyst R. Sarugaser now forecasts that the company will post earnings of $0.03 per share for the quarter, down from their previous forecast of $0.14. Raymond James also issued estimates for Quipt Home Medical's Q4 2023 earnings at $0.12 EPS, FY2023 earnings at $0.38 EPS, FY2024 earnings at $0.70 EPS and FY2026 earnings at $1.50 EPS.

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Quipt Home Medical Stock Performance

Quipt Home Medical (CVE:QIP – Get Rating) last posted its earnings results on Wednesday, December 21st. The company reported C$0.07 EPS for the quarter, topping the consensus estimate of C$0.04 by C$0.03. The business had revenue of C$52.31 million for the quarter, compared to the consensus estimate of C$52.64 million.

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