dentalcorp Holdings Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

[email protected] (Simply Wall St)
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dentalcorp Holdings (TSE:DNTL) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CA$399.8m (up 8.6% from 2Q 2023).

  • Net loss: CA$11.9m (loss widened by 63% from 2Q 2023).

  • CA$0.06 loss per share (further deteriorated from CA$0.039 loss in 2Q 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

dentalcorp Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 36%.

Looking ahead, revenue is forecast to grow 10.0% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Healthcare industry in Canada.

Performance of the Canadian Healthcare industry.

The company's shares are up 8.8% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for dentalcorp Holdings you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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