Accolade Inc expected to post a loss of 66  cents a share - Earnings Preview

Accolade

28/06/2022 21:02

* Accolade Inc  ACCD.OQ   ACCD.O  is expected to show a rise
in
quarterly revenue when it reports  results on June 30. 
    * The Seattle Washington-based  company is expected to
report  a
37.7% increase in revenue to $81.967 million from $59.53 million
a year ago, according to the mean estimate from 13 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Accolade Inc is for
a
loss of 66 cents per share. For the same quarter last year, the
company reported a loss of 66 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 5.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Accolade
Inc is
$11​, above​ its last closing price of $8.46. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Feb. 28 2022  -0.45       -0.36      -0.51     Missed  -43
 Nov. 30 2022  -0.78       -0.65      0.31      Beat    147.7
 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.        -0.10       -0.10      -0.22     Missed  -121.8
 28 2021                                                
 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. 31 2020  -0.40       -0.40      -1.69     Missed  -322.5
 This summary was machine generated June 28 at 20:02 GMT.  All
figures in US dollars  unless otherwise stated