The Joint Corp. (NASDAQ:JYNT) is expected to report third quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.02 per share.
Looking ahead, the full year income are expected at $ 0.15 per share on the revenues of $ 54.87 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 61.00 million ~ $ 63.00 million
Click Here For More Historical Outlooks Of The Joint Corp.
Previous Quarter Performance
The Joint Corp. communicated income for the second quarter of $ 0.01 per share, from the revenue of $ 12.59 million. The quarterly earnings dropped 66.67 percent while revenues developed 12.71 percent compared with the same quarter last year.
Wall street analysts are predicting, JYNT to report 2Q20 loss of $ 0.09 per share from revenue of $ 10.35 million. The bottom line results beat street analysts by $ 0.1 or 111.11 percent, at the same time, top line results outshined analysts by $ 2.24 million or 21.64 percent.
Stock Performance
Shares of The Joint Corp. traded up $ 0.25 or 1.28 percent on Wednesday, reaching $ 19.73 with volume of 78.20 thousand shares. The Joint Corp. has traded high as $ 20.12 and has cracked $ 19.12 on the downward trend
The closing price of $ 19.73, representing a 153.98 % increase from the 52 week low of $ 7.67 and a 10.44 % decrease over the 52 week high of $ 21.75.
The company has a market capital of $ 276.43 million and is part of the Healthcare sector and Medical Care industry.
Conference Call
The Joint Corp. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.thejoint.com
The Joint Corp. develops, owns, operates, supports, and manages chiropractic clinics. The company operates through two segments, Corporate Clinics and Franchise Operations.
