Accolade Inc expected to post a loss of 56 cents a share - Earnings Preview

Accolade

05/10/2021 21:02

* Accolade Inc  ACCD.OQ   ACCD.O  is expected to show a rise in
quarterly revenue when it reports results on October 7. 
* The Plymouth Meeting, Pennsylvania-based company is expected
to report  a 91.5% increase in revenue to $70.456 million from
$36.79 million a year ago, according to the mean estimate from
10 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Accolade Inc is for a
loss of 56 cents per share. For the same quarter last year, the
company reported a loss of 47 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 12 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 0.4% in the last three months. ​
* Wall Street's median 12-month price target for Accolade Inc is
$62​, about 36.4% above​ its last closing price of $39.43. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 May. 31 2021  -0.37       -0.37      -0.66     Missed  -79.8
 Feb. 28 2021  -0.10       -0.10      -0.22     Missed  -121.8
 Nov. 30 2020  -0.35       -0.35      -0.32     Beat    8.2​
 Aug. 31 2020  -0.40       -0.40      -0.47     Missed  -16.4
 May.          -0.40​      -0.40      -1.69     Missed  -322.5
 31​ 2020​                                              ​
                                                        ​
 This summary was machine generated October 5 at 20:02 GMT.  All
figures in US dollars unless otherwise stated