Joint (JYNT) Scheduled to Post Quarterly Earnings on Thursday

Joint (NASDAQ:JYNT) will be announcing its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Joint (NASDAQ:JYNT) last posted its quarterly earnings results on Thursday, March 7th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.04. The firm had revenue of $30.61 million for the quarter, compared to analyst estimates of $29.63 million. Joint had a negative net margin of 8.19% and a positive return on equity of 7.80%. On average, analysts expect Joint to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Joint Price Performance

JYNT opened at $12.32 on Tuesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.32 and a current ratio of 1.32. The firm’s 50-day moving average price is $11.78 and its 200 day moving average price is $10.01. Joint has a twelve month low of $7.31 and a twelve month high of $16.43.

Wall Street Analyst Weigh In

Separately, TheStreet downgraded shares of Joint from a “c-” rating to a “d” rating in a research note on Thursday, March 7th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $21.50.

Joint Company Profile

The Joint Corp. operates and franchises chiropractic clinics in the United States. The company operates in two segments, Corporate Clinics and Franchise Operations. The Joint Corp. was incorporated in 2010 and is headquartered in Scottsdale, Arizona.