American Well Corp expected to post a loss of $3.40 a share - Earnings Preview

AMERICAN WELL

29/10/2024 03:04

* American Well Corp  AMWL.N   AMWL.K  is expected to show a
rise
in quarterly revenue when it reports  results on October 30 for
the period ending September 30 2024
    * The Boston Massachusetts-based  company is expected to
report a
2.2% increase in revenue to $63.272 million from $61.92 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for American Well Corp is
for a
loss of $3.40 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 10
"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 11.00​, above​ its last closing price of $9.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -3.90       -3.98      -3.36     Beat    15.5
 Mar. 31 2024  -3.75       -3.80      -5.00     Missed  -31.6
 Dec. 31 2023  -4.01       -3.96      -3.40     Beat    14​
 Sep. 30 2023  -4.26       -4.22      -9.60     Missed  -127.5
 ​​Jun.        -4.47       -4.47      -6.60     Missed  -47.8
 30 2023                                                
 Mar. 31 2023  -4.21       -4.14      -4.80     Missed  -15.9​
 Dec. 31 2022  -5.12       -5.06      -4.40     Beat    13
 Jan. 1 0001   -5.18       -5.13      -5.00     Beat    2.6
 This summary was machine generated October 29 at 03:03 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)