Sharps Compliance Corp. (NASDAQ:SMED) is expected to report first quarter earnings results, before market open, on Tuesday 27th October 2020.
Analysts polled by Thomson Reuters anticipate first quarter income of $ 0.04 per share.
Looking ahead, the full year income are expected at $ 0.11 per share on the revenues of $ 58.26 million.
Previous Quarter Performance
Sharps Compliance Corp. revealed income for the fourth quarter of $ 0.13 per share, from the revenue of $ 12.57 million. The quarterly earnings raised 225.00 percent while revenues improved 10.85 percent compared with the same quarter last year.
According to street consensus, SMED was expected to report 4Q20 income of $ 0.05 per share from revenue of $ 15.00 million. The bottom line results beat street analysts by $ 0.08 or 160.00 percent, at the same time, top line results fell short of analysts by $ 2.43 million or 16.2 percent.
Stock Performance
Shares of Sharps Compliance Corp. traded low $ -0.12 or -1.94 percent on Friday, reaching $ 6.08 with volume of 135.60 thousand shares. Sharps Compliance Corp. has traded high as $ 6.30 and has cracked $ 6.06 on the downward trend
According to the previous trading day, closing price of $ 6.08, representing a 65.78 % increase from the 52 week low of $ 3.74 and a 31.03 % decrease over the 52 week high of $ 8.99.
The company has a market capital of $ 99.85 million and is part of the Industrials sector and Waste Management industry.
Conference Call
Sharps Compliance Corp. will be hosting a conference call at 11:00 AM eastern time on 27th October 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sharpsinc.com
Sharps Compliance Corp. provides medical, pharmaceutical, and hazardous waste management services in the United States. It offers Sharps Recovery System for the containment, transportation, treatment, and tracking of medical waste and used healthcare materials generated outside the hospital and health care facility settings; TakeAway Medication Recovery System, a solution that facilitates the proper disposal of unused medications; MedSafe, a solution for the safe collection, transportation, and proper disposal of unwanted and expired prescription medications; and ComplianceTRAC, a Web-based compliance and training program.
