American Well Corp expected to post a loss of 23  cents a share - Earnings Preview

AMERICAN WELL

06/05/2022 12:31

* American Well Corp  AMWL.N   AMWL.K  is expected to show a
rise
in quarterly revenue when it reports  results on May 9. 
    * The Boston Massachusetts-based  company is expected to
report  a
12.7% increase in revenue to $64.94 million from $57.6 million a
year ago, according to the mean estimate from 12 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for American Well Corp
is for
a loss of 23 cents per share. For the same quarter last year,
the company reported a loss of 16 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 11
"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 $5​, above​ its last closing price of $3.16. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.27       -0.27      -0.18     Beat    33.5
 Sep. 30 2021  -0.23       -0.24      -0.20     Beat    15.5
 Jun. 30 2021  -0.19       -0.19      -0.15     Beat    20.1​
 Mar. 31 2021  -0.19       -0.19      -0.16     Beat    14.9
 ​​Dec.        -0.31       -0.26      -0.51     Missed  -99.3
 31 2020                                                
 Sep. 30 2020  -0.28       -0.28      -0.92     Missed  -223.9
                                                        ​
 This summary was machine generated May 6 at 11:31 GMT.  All
figures in US dollars  unless otherwise stated