$0.01 EPS Expected for CRH Medical Corporation (CRHM) This Quarter

Wall Street brokerages expect that CRH Medical Corporation (NASDAQ:CRHM) will post earnings per share (EPS) of $0.01 for the current quarter, according to Zacks. Two analysts have provided estimates for CRH Medical’s earnings. The lowest EPS estimate is $0.00 and the highest is $0.01. CRH Medical posted earnings of $0.02 per share in the same quarter last year, which would suggest a negative year over year growth rate of 50%. The firm is scheduled to issue its next quarterly earnings report on Monday, April 29th.

On average, analysts expect that CRH Medical will report full-year earnings of $0.13 per share for the current financial year, with EPS estimates ranging from $0.01 to $0.37. For the next year, analysts expect that the company will report earnings of $0.17 per share, with EPS estimates ranging from $0.06 to $0.37. Zacks’ earnings per share averages are an average based on a survey of research firms that follow CRH Medical.

CRH Medical (NASDAQ:CRHM) last issued its quarterly earnings results on Wednesday, March 13th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. The business had revenue of $32.02 million for the quarter, compared to analysts’ expectations of $31.40 million.

Separately, Clarus Securities reiterated a “buy” rating on shares of CRH Medical in a research report on Wednesday, March 20th.

CRHM stock traded down $0.04 during mid-day trading on Friday, reaching $2.66. 92,972 shares of the company’s stock were exchanged, compared to its average volume of 79,478. CRH Medical has a 12-month low of $2.40 and a 12-month high of $4.50.

CRH Medical Company Profile

CRH Medical Corporation provides various products and services to gastroenterologists for the treatment of gastrointestinal diseases in the United States, Canada, and internationally. It offers CRH O'Regan system, a single use, disposable, and hemorrhoid banding technology for treating various grades of hemorrhoid.

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