Accolade Inc expected to post a loss of 32 cents a share - Earnings Preview

Accolade

07/01/2025 21:02

* Accolade Inc  ACCD.OQ   ACCD.O  is expected to show a rise
in
quarterly revenue when it reports  results on January 9 for the
period ending November 30 2024
    * The Plymouth Meeting Pennsylvania-based  company is
expected to
report a 6.7% increase in revenue to $105.996 million from
$99.37 million a year ago, according to the mean estimate from
12 analysts, based on LSEG data.The company's guidance on
October 8 2024, for the period ended November 30, was for
revenue between $104.00 million and $107.00 million.
    * ​LSEG's mean analyst estimate for Accolade Inc is for a
loss
of 32 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Accolade
Inc is
$7.25​, above​ its last closing price of $3.50. ​​​

The company's guidance on October 8 2024 for the period ended
November 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 104 million and -3
million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Aug. 31 2024  -0.43       -0.44      -0.30     Beat    31.4
 May. 31 2024  -0.47       -0.48      -0.35     Beat    27.4
 Feb. 29 2024  -0.08       -0.07      -0.10     Missed  -41.3​
 Nov. 30 2023  -0.42       -0.44      -0.28     Beat    36.7
 ​​Aug.        -0.52       -0.54      -0.43     Beat    19.8
 31 2023                                                
 May. 31 2023  -0.61       -0.62      -0.52     Beat    16.1​
 Feb. 28 2023  -0.40       -0.42      -0.42     Met     0.7
 Nov. 30 2022  -0.60       -0.62      -0.56     Beat    9.5
 This summary was machine generated January 7 at 21:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)