Accolade Inc reports results for the quarter ended in August - Earnings Summary

Accolade

04/10/2023 22:01

* Accolade Inc  ACCD.OQ  reported a quarterly adjusted loss
of 43
cents​​ per share for the quarter ended in August. The mean
expectation of fifteen analysts for the quarter was for a loss
of 54 cents per share.
    * Revenue rose 10.5% to $96.86 million from a year ago;
analysts
expected $94.09 million. 
    * Accolade Inc's reported EPS for the quarter was a loss
of 43
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Accolade Inc shares had fallen by 4.4% this quarter and
gained 29.8% so far this year.
    * The company reported a quarterly loss of $32.83 million.
    * Wall Street's median 12-month price target for Accolade
Inc is
$17.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 4 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2023      -0.54          -0.43          Beat
 May. 31 2023      -0.62          -0.52          Beat
 Feb. 28 2023      -0.42          -0.42          Met
 Nov. 30 2022      -0.62          -0.56          Beat