• SBC Medical Group Holdings Inc SBC.OQ reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of five analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 8 cents to 12 cents per share.

• Revenue fell 9% to $43.06 million from a year ago; analysts expected $41.65 million.

• SBC Medical Group Holdings Inc's reported EPS for the quarter was 11 cents​.

• The company reported quarterly net income of $11.31 million.

• SBC Medical Group Holdings Inc shares had fallen by 22.7% this quarter and lost 25.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"

• Wall Street's median 12-month price target for SBC Medical Group Holdings Inc is $8.50, about 62% above its last closing price of $3.23

This summary was machine generated from LSEG data May 14 at 01:31 p.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)