SBC Medical Holdings earnings miss estimates by $0.02
Revenue exceeded forecasts as the healthcare firm posted adjusted profit below analyst expectations.
SBC Medical Holdings reported adjusted earnings that fell short of market estimates by $0.02 per share, while revenue surpassed projections for the quarter.
The company, which operates in the healthcare sector, disclosed adjusted profit of $X.XX per share, below the consensus estimate of $X.XX per share, according to a filing with regulators. Revenue totaled $X.XX billion, exceeding the anticipated $X.XX billion.
SBC Medical Holdings did not provide forward guidance in the release. Analysts had expected adjusted earnings of $X.XX per share on revenue of $X.XX billion, based on median estimates compiled prior to the report.
Shares of SBC Medical Holdings were indicated 2% lower in pre-market trading following the announcement.
Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.
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