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American Well Corp reports results for the quarter ended December 31 - Earnings Summary

* American Well Corp  AMWL.N  reported a quarterly adjusted
loss
of $2.77​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of $-3.40.  The mean expectation of ten analysts for the quarter
was for a loss of $2.93 per share. Wall Street expected
results to range from $-3.23 to $-2.47 per share.
    * Revenue rose 0.5% to $71.01 million from a year ago;
analysts
expected $66.57 million. 
    * American Well Corp's reported EPS for the quarter was a
loss of
$2.77​.
    * The company reported a quarterly loss of $42.65 million.
    * American Well Corp shares had risen by 58.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "hold"

Wall Street's median 12-month price target for American Well
Corp is $10.25 
This summary was machine generated from LSEG data February 12 at
10:45 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -2.93          -2.77          Beat
 Sep. 30 2024      -3.40          -2.87          Beat
 Jun. 30 2024      -3.98          -3.36          Beat
 Mar. 31 2024      -3.80          -5.00          Missed

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