Accolade Inc expected to post a loss of 42 cents a share - Earnings Preview

Accolade

26/04/2023 24:57

* Accolade Inc  ACCD.OQ   ACCD.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 27. 
    * The Plymouth Meeting Pennsylvania-based  company is
expected to
report  a 6.1% increase in revenue to $99.443 million from
$93.76 million a year ago, according to the mean estimate from
16 analysts, based on Refinitiv data. The company's guidance on
January 9 2023, for the period ended February 28, was for
revenue between $97.00 million and $101.00 million.
    * ​Refinitiv's mean analyst estimate for Accolade Inc is for
a
loss of 42 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 7
"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
$15​, below​ its last closing price of $15.97. ​​​

The company's guidance on January 9 2023 for the period ended
February 28 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 97 million and 3
million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Nov. 30 2022  -0.60       -0.62      -0.56     Beat    9.5
 Aug. 31 2022  -0.73       -0.72      -0.66     Beat    8.9
 May. 31 2022  -0.68       -0.67      -0.62     Beat    7.6​
 Feb. 28 2022  -0.45       -0.36      -0.51     Missed  -43
 ​​Nov.        -0.78       -0.65      0.31      Beat    147.7
 30 2021                                                
 Aug. 31 2021  -0.58       -0.56      -0.97     Missed  -72.5​
 May. 31 2021  -0.37       -0.37      -0.66     Missed  -79.8
 Feb. 28 2021  -0.10       -0.10      -0.22     Missed  -121.8
 This summary was machine generated April 25 at 23:57 GMT.  All
figures in US dollars  unless otherwise stated