Analysts Set Expectations for CENTRIC HEALTH Corp’s FY2019 Earnings (TSE:CHH)

CENTRIC HEALTH Corp (TSE:CHH) – Equities researchers at Beacon Securities decreased their FY2019 earnings per share estimates for CENTRIC HEALTH in a note issued to investors on Tuesday, November 12th. Beacon Securities analyst D. Cooper now expects that the company will post earnings per share of ($0.02) for the year, down from their prior forecast of ($0.01). Beacon Securities also issued estimates for CENTRIC HEALTH’s FY2020 earnings at $0.00 EPS.

Separately, Echelon Wealth Partners downgraded CENTRIC HEALTH from a “buy” rating to a “hold” rating in a research note on Monday, August 12th.

Shares of TSE:CHH opened at C$0.15 on Friday. The company has a market capitalization of $29.84 million and a price-to-earnings ratio of -2.00. The business’s 50-day moving average is C$0.14 and its 200-day moving average is C$0.18. CENTRIC HEALTH has a 1 year low of C$0.10 and a 1 year high of C$0.39.

CENTRIC HEALTH (TSE:CHH) last released its quarterly earnings results on Wednesday, August 14th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$31.49 million during the quarter, compared to analysts’ expectations of C$30.80 million.

About CENTRIC HEALTH

Centric Health Corporation provides healthcare services to patients and customers in Canada. It operates through two segments, Specialty Pharmacy, and Surgical and Medical Centres. The Specialty Pharmacy segment provides traditional pharmacy services, such as compounding and dispensing medications, as well as clinical and specialty services for long term care and retirement communities.

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