CRH Medical Corporation ($CRHM) 3Q20 Earnings Sneak Preview

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CRH Medical Corporation (AMEX:CRHM) is set to announce third quarter earning results on Thursday 12th November 2020, after market close.

Previous Quarter Performance

CRH Medical Corporation unwinded loss for the second quarter of $ 0.04 per share, from the revenue of $ 13.59 million. The consensus estimates are income of $ 0.04 per share from $ 27.81 million in revenue. The bottom line results missed street analysts by $ 0.08 or 200 percent, at the same time, top line results fell short of analysts by $ 14.22 million or 51.13 percent.

Stock Performance

Shares of CRH Medical Corporation traded low $ -0.02 or -0.82 percent on Wednesday, reaching $ 2.42 with volume of 123.40 thousand shares. CRH Medical Corporation has traded high as $ 2.49 and has cracked $ 2.40 on the downward trend

The closing price of $ 2.42, representing a 183.72 % increase from the 52 week low of $ 0.86 and a 44.92 % decrease over the 52 week high of $ 4.43.

The company has a market capital of $ 172.25 million and is part of the Healthcare sector and Medical Instruments & Supplies industry.

CRH Medical Corporation provides various products and services to gastroenterologists in the United States and Canada. It offers CRH ORegan system, a single use, disposable, and hemorrhoid banding technology for treating various grades of hemorrhoid. The company also offers anesthesia services for patients undergoing endoscopic procedures.