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

Accolade

10/01/2022 22:01

* Accolade Inc  ACCD.OQ  reported quarterly adjusted earnings of
31 cents​​ per share for the quarter ended in November. The mean
expectation of twelve analysts for the quarter was for   a loss
of 74 cents per share.
* Revenue rose 117.1% to $83.45 million from a year ago; 
analysts expected $75.89 million. 
* Accolade Inc's reported EPS for the quarter was 31 cents​.
* The mean earnings estimate of analysts was unchanged in the
last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Accolade Inc shares had fallen by 20.6% this quarter.
* The company reported quarterly net income of $22.5 million.
* Wall Street's median 12-month price target for Accolade Inc is
$51.00 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 12 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated January 10 at 10:00 p.m.
 ​All figures in US dollars unless otherwise stated