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

AMERICAN WELL

03/05/2023 22:03

* American Well Corp  AMWL.N  reported a quarterly adjusted
loss
of 24 cents​​ per share for the quarter ended in March. The mean
expectation of thirteen analysts for the quarter was for a loss
of 21 cents per share.
    * Revenue fell 0.4% to $64.00 million from a year ago;
analysts
expected $64.71 million. 
    * American Well Corp's reported EPS for the quarter was a
loss of
$1.42​.
    * The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * American Well Corp shares had fallen by 12.3% this
quarter and
lost 26.9% so far this year.
    * The company reported a quarterly loss of $397.69 million.
    * Wall Street's median 12-month price target for American
Well
Corp is $3.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 12
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.21          -0.24          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