Sharps Compliance Corp. (NASDAQ:SMED) is expected to report fourth quarter earnings results, before market open, on Wednesday 19th August 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 0.01 per share.
Looking ahead, the full year income are expected at $ 0.01 per share on the revenues of $ 51.39 million.
Previous Quarter Performance
Sharps Compliance Corp. unwinded loss for the third quarter of $ 0.10 per share, from the revenue of $ 10.41 million. The quarterly earnings compared with the same quarter last year. According to street consensus, SMED was expected to report 3Q20 loss of $ 0.04 per share from revenue of $ 10.60 million. The bottom line results missed street analysts by $ 0.06 or 150 percent, at the same time, top line results fell short of analysts by $ 0.19 million or 1.79 percent.
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Stock Performance
According to the previous trading day, closing price of SMED was $ 8.43, representing a 136.13 % increase from the 52 week low of $ 3.57 and a 6.23 % decrease over the 52 week high of $ 8.99.
The company has a market capital of $ 137.80 million and is part of the Industrials sector and Waste Management industry.
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Recent Analyst recommendations
- On 15th July 2020, initiated by Lake Street Capital at Buy rating, with $ 10.00 target price.
Conference Call
Sharps Compliance Corp. will be hosting a conference call at 11:00 AM eastern time on 19th August 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sharpsinc.com
Sharps Compliance Corp. provides medical, pharmaceutical, and hazardous waste management services in the United States. It offers Sharps Recovery System for the containment, transportation, treatment, and tracking of medical waste and used healthcare materials generated outside the hospital and health care facility settings; TakeAway Medication Recovery System, a solution that facilitates the proper disposal of unused medications; MedSafe, a solution for the safe collection, transportation, and proper disposal of unwanted and expired prescription medications; and ComplianceTRAC, a Web-based compliance and training program.
