American Well Corp expected to post a loss of 19 cents a share - Earnings Preview

AMERICAN WELL

29/04/2024 22:31

* American Well Corp  AMWL.N   AMWL.K  is expected to show a
fall
in quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Boston Massachusetts-based  company is expected to
report a
5.4% decrease in revenue to $60.524 million from $64 million a
year ago, according to the mean estimate from 11 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for American Well Corp is
for a
loss of 19 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 12
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for American
Well
Corp is $2.00​, above​ its last closing price of $0.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.20       -0.20      -0.17     Beat    14
 Sep. 30 2023  -0.21       -0.21      -0.48     Missed  -127.5
 Jun. 30 2023  -0.22       -0.22      -0.33     Missed  -47.8​
 Mar. 31 2023  -0.21       -0.21      -0.24     Missed  -15.9
 ​​Dec.        -0.26       -0.25      -0.22     Beat    13
 31 2022                                                
 Sep. 30 2022  -0.26       -0.26      -0.25     Beat    2.6​
 Jun. 30 2022  -0.26       -0.26      -0.25     Beat    2.8
 Mar. 31 2022  -0.23       -0.23      -0.26     Missed  -11.3
 This summary was machine generated April 29 at 21:31 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)