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

AMERICAN WELL

22/02/2023 22:37

* American Well Corp  AMWL.N  reported a quarterly adjusted
loss
of 22 cents​​ per share for the quarter ended in December. The
mean expectation of twelve analysts for the quarter was for a
loss of 25 cents per share.
    * Revenue rose 8.9% to $79.23 million from a year ago;
analysts
expected $78.05 million. 
    * American Well Corp's reported EPS for the quarter was a
loss
of 22 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * American Well Corp shares had risen by 26.9% this quarter.
    * The company reported a quarterly loss of $61.16 million.
    * Wall Street's median 12-month price target for American
Well
Corp is $4.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
22 at 10:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.25          -0.22          Beat
 Sep. 30 2022      -0.26          -0.25          Beat
 Jun. 30 2022      -0.26          -0.25          Beat
 Mar. 31 2022      -0.23          -0.26          Missed