NASDAQ$JYNT

The Joint Corp · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

The Joint Corp. reported Q3 2024 financial results.

The Joint Corp. reported a 2% increase in revenue to $30.2 million, but net loss was $3.2 million, including $3.8 million in loss on disposition or impairment. System-wide sales increased 8% to $129.3 million.

  • Revenue grew 2% to $30.2 million.
  • Net loss was $3.2 million, including $3.8 million in loss on disposition or impairment.
  • Adjusted EBITDA was $2.4 million.
  • System-wide sales increased 8% to $129.3 million.

Headline financials

Total Revenue

$30.2M

Previous: $29.5M+2.5%
EPS

-$0.21

Previous: -$0.05-320.0%
Capital Expenditures

-$901K

Previous: -$3.83M+76.5%
Free Cash Flow

-$4.07M

Previous: -$4.55M+10.6%
Net Income

-$3.17M

Previous: -$716K-341.9%
Operating Income

-$3.19M

Previous: -$898K-254.8%
Gross Profit

$27.4M

Previous: $26.9M+1.9%
Cash & Equivalents

$20.7M

Previous: $16.1M+29.2%
Total Assets

$79.6M

Previous: $98.6M-19.2%
Stock-Based Comp

$430K

Previous: $526K-18.2%

Revenue & EPS history

The Joint · Revenue · Quarterly

$30.2M

Q3 2024+2.5%vs Q3 2023
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

The company adjusted its guidance to account the potential impact of ongoing consumer headwinds.

Tailwinds

  • System-wide sales are expected to be between $525 million and $535 million.
  • System-wide comp sales for all clinics open 13 months or more are expected to be between 3% and 4%.
  • New franchised clinic openings, excluding the impact of refranchised clinics, are expected to be between 55 and 60.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+1.5%

Avg return

Earnings day

+3.3%

Avg return

5 days after

+3.8%

Avg return

30 days after

53%

25 / 47 earnings

Positive

+26.0%

Q1 2024

Best reaction

-42.3%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.5%-2.2%-6.0%
Q4 2025+2.0%+1.9%+6.3%
Q3 2025-3.9%+4.6%+6.1%
Q1 2025-5.0%-5.2%+14.1%
Q4 2024+4.6%+17.9%-1.3%
Q3 2024-2.8%-1.7%-3.1%
Q2 2024-5.1%-3.6%-8.7%
Q1 2024+26.0%+26.1%+17.4%
Q4 2023+25.7%+29.8%+34.8%
Q3 2023+1.3%+4.6%+15.1%
Q2 2023+1.8%-0.2%-14.6%
Q1 2023-3.1%-2.2%-11.2%
Q4 2022+2.3%+1.4%-1.2%
Q3 2022-4.6%-3.3%+1.6%
Q2 2022+15.2%+7.8%-9.6%
Q1 2022-42.3%-43.6%-46.2%
Q4 2021-9.9%-20.8%-24.7%
Q3 2021+5.8%+8.6%-21.8%
Q2 2021+18.9%+17.8%+22.0%
Q1 2021-4.5%-6.8%+28.2%
Q4 2020-10.0%-14.9%-7.0%
Q3 2020+7.1%+28.5%+35.2%
Q2 2020+13.5%+15.1%+23.7%
Q1 2020+9.9%+8.8%+35.6%
Q4 2019-3.0%-10.8%-42.2%
Q3 2019-3.6%-10.3%-13.1%
Q2 2019-0.1%+0.0%-6.2%
Q1 2019+8.7%+4.4%-7.2%
Q4 2018+12.6%+21.5%+42.4%
Q3 2018+3.8%+5.5%+0.5%
Q2 2018+8.5%+3.9%+2.8%
Q1 2018-3.0%+1.8%+1.9%
Q4 2017+8.2%+23.7%+35.9%
Q3 2017+16.2%+23.0%+8.6%
Q2 2017+3.6%+2.7%+34.5%
Q1 2017+7.3%+2.6%-1.3%
Q4 2016-15.3%-11.4%-15.8%
Q3 2016+3.7%+6.1%-6.5%
Q2 2016-0.5%-0.9%+28.9%
Q1 2016-0.0%
Q4 2015-21.5%
Q3 2015-6.1%
Q2 2015+1.3%
Q1 2015+6.2%
Q4 2014+4.0%
Q3 2014-1.6%
Q3 2013-1.6%
Q1 2014
Q4 2013

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