CareRx Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

CareRx (TSE:CRRX) Third Quarter 2024 Results

Key Financial Results

• Revenue: CA$92.8m (down 1.0% from 3Q 2023).
• Net loss: CA$360.0k (loss narrowed by 75% from 3Q 2023).
• CA$0.006 loss per share (improved from CA$0.025 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

CareRx Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Consumer Retailing industry in Canada.

Performance of the Canadian Consumer Retailing industry.

The company's shares are down 4.0% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with CareRx.

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