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KIDSBearishEarningsnews
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OrthoPediatrics (KIDS) Reports Q1 Loss, Tops Revenue Estimates

May 6, 2024, 6:25 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- OrthoPediatrics reported a quarterly loss of $0.30 per share, beating estimates by 28.57%. - Revenues for the quarter were $44.69 million, exceeding expectations by 7.35%. - The stock has added 1% YTD compared to the S&P 500's 7.5% gain. - The company's earnings outlook indicates a Zacks Rank #3 (Hold). - Industry rank for Medical - Instruments is in the bottom 41% of Zacks industries. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Research Analysis

  • OrthoPediatrics reported a quarterly loss of $0.30 per share, beating estimates by 28.57%.
  • Revenues for the quarter were $44.69 million, exceeding expectations by 7.35%.
  • The stock has added 1% YTD compared to the S&P 500's 7.5% gain.
  • The company's earnings outlook indicates a Zacks Rank #3 (Hold).
  • Industry rank for Medical - Instruments is in the bottom 41% of Zacks industries.

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