Sharps Compliance (SMED) Announces Quarterly Earnings Results, Beats Expectations By $0.03 EPS
Sharps Compliance (NASDAQ:SMED) issued its quarterly earnings data on Wednesday. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.03, StockRatingsNetwork reports. The company had revenue of $6.30 million for the quarter, compared to the consensus estimate of $5.83 million.
On the ratings front, analysts at Zacks upgraded shares of Sharps Compliance from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, October 7th. They now have a $3.30 price target on the stock.
Shares of Sharps Compliance (NASDAQ:SMED) opened at 3.12 on Wednesday. Sharps Compliance has a 1-year low of $2.01 and a 1-year high of $3.64. The stock’s 50-day moving average is $2.64 and its 200-day moving average is $2.81. The company’s market cap is $47.9 million.
Sharps Compliance Corp. is a provider of solutions for management of medical waste and unused dispensed medications generated outside of the hospital and large health care facility setting, serving more than 4,000 customers in all 50 states.
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