Accolade Inc expected to post a loss of 62 cents a share - Earnings Preview

Accolade

06/01/2023 21:21

* Accolade Inc  ACCD.OQ   ACCD.O  is expected to show a rise
in
quarterly revenue when it reports  results on January 9. 
    * The Seattle Washington-based  company is expected to
report  a
4.9% increase in revenue to $87.534 million from $83.45 million
a year ago, according to the mean estimate from 15 analysts,
based on Refinitiv data. The company's guidance on October 6
2022, for the period ended November 30, was for revenue between
$86.00 million and $88.00 million.
    * ​Refinitiv's mean analyst estimate for Accolade Inc is for
a
loss of 62 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
$13​, above​ its last closing price of $7.37. ​​​

The company's guidance on October 6 2022 for the period ended
November 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 86 million and -11
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  
 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. 30 2021  -0.78       -0.65      0.31      Beat    147.7
 ​​Aug.        -0.58       -0.56      -0.97     Missed  -72.5
 31 2021                                                
 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
 This summary was machine generated January 6 at 21:21 GMT.  All
figures in US dollars  unless otherwise stated