American Well Corp expected to post a loss of 20 cents a share - Earnings Preview

AMERICAN WELL

12/02/2024 22:22

* American Well Corp  AMWL.N   AMWL.K  is expected to show a
fall
in quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The Boston Massachusetts-based  company is expected to
report a
11.4% decrease in revenue to $70.198 million from $79.23 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 20 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 $1.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  -0.26       -0.25      -0.22     Beat    13
 ​​Sep.        -0.26       -0.26      -0.25     Beat    2.6
 30 2022                                                
 Jun. 30 2022  -0.26       -0.26      -0.25     Beat    2.8​
 Mar. 31 2022  -0.23       -0.23      -0.26     Missed  -11.3
 Dec. 31 2021  -0.27       -0.27      -0.18     Beat    33.5
 This summary was machine generated February 12 at 22:22 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)