Joint (JYNT) Scheduled to Post Quarterly Earnings on Thursday

Joint (NASDAQ:JYNT) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Joint to post earnings of ($0.03) per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Joint (NASDAQ:JYNT) last announced its quarterly earnings data on Thursday, March 7th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.04. The company had revenue of $30.61 million during the quarter, compared to the consensus estimate 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 Stock Performance

Shares of JYNT opened at $12.32 on Tuesday. The company has a 50-day simple moving average of $11.78 and a 200-day simple moving average of $10.01. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.08. Joint has a 52-week low of $7.31 and a 52-week 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 report on Thursday, March 7th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Joint has an average rating of “Hold” and a consensus price target of $21.50.

About Joint

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.