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

Accolade

30/06/2022 22:01

* Accolade Inc  ACCD.OQ  reported a quarterly adjusted loss
of 62
cents​​ per share for the quarter ended in May. The mean
expectation of fifteen analysts for the quarter was for a loss
of 67 cents per share.
    * Revenue rose 43.7% to $85.53 million from a year ago; 
analysts
expected $81.97 million. 
    * Accolade Inc's reported EPS for the quarter was a loss of
$4.92​.
    * The mean earnings estimate of analysts had fallen by
about 19.1%
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 54.3% this quarter and
lost 69.5% so far this year.
    * The company reported a quarterly loss of $342.82 million.
    * Wall Street's median 12-month price target for Accolade
Inc is
$11.00 
    * 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." 

This summary was machine generated June 30 at 09:00 p.m.  ​All
figures in US dollars unless otherwise stated