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

Accolade

09/01/2023 22:01

* Accolade Inc  ACCD.OQ  reported a quarterly adjusted loss
of 56
cents​​ per share for the quarter ended in November. The mean
expectation of sixteen analysts for the quarter was for a loss
of 62 cents per share.
    * Revenue rose 9% to $90.95 million from a year ago;
analysts
expected $87.53 million. 
    * Accolade Inc's reported EPS for the quarter was a loss
of 56
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.1%
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 4.6% this quarter.
    * The company reported a quarterly loss of $39.87 million.
    * Wall Street's median 12-month price target for Accolade
Inc is
$13.00 
    * 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 Refinitiv data January 9
at 10:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2022      -0.62          -0.56          Beat
 Aug. 31 2022      -0.72          -0.66          Beat
 May. 31 2022      -0.67          -0.62          Beat
 Feb. 28 2022      -0.36          -0.51          Missed