American Well Corp expected to post a loss of 21 cents a share - Earnings Preview

AMERICAN WELL

31/10/2023 01:16

* American Well Corp  AMWL.N   AMWL.K  is expected to show a
fall
in quarterly revenue when it reports  results on November 1. 
    * The Boston Massachusetts-based  company is expected to
report  a
8.7% decrease in revenue to $63.171 million from $69.21 million
a year ago, according to the mean estimate from 11 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for American Well Corp
is for
a loss of 21 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 $2.55​, above​ its last closing price of $1.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -0.26       -0.26      -0.25     Beat    2.6
 ​​Jun.        -0.26       -0.26      -0.25     Beat    2.8
 30 2022                                                
 Mar. 31 2022  -0.23       -0.23      -0.26     Missed  -11.3​
 Dec. 31 2021  -0.27       -0.27      -0.18     Beat    33.5
 Sep. 30 2021  -0.23       -0.24      -0.20     Beat    15.5
 This summary was machine generated October 31 at 01:16 GMT.  All
figures in US dollars  unless otherwise stated