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

Accolade

27/04/2023 22:02

* Accolade Inc  ACCD.OQ  reported a quarterly adjusted loss
of 42
cents​​ per share for the quarter ended in February. The mean
expectation of seventeen analysts for the quarter was for a loss
of 42 cents per share.
    * Revenue rose 5.6% to $99.03 million from a year ago;
analysts
expected $99.44 million. 
    * Accolade Inc's reported EPS for the quarter was a loss
of 42
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.8%
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 risen by 11.3% this quarter and
gained 105.4% so far this year.
    * The company reported a quarterly loss of $30.43 million.
    * Wall Street's median 12-month price target for Accolade
Inc is
$15.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 28 2023      -0.42          -0.42          Met
 Nov. 30 2022      -0.62          -0.56          Beat
 Aug. 31 2022      -0.72          -0.66          Beat
 May. 31 2022      -0.67          -0.62          Beat