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

AMERICAN WELL

02/05/2025 05:47

American Well Corp AMWL.N reported a quarterly adjusted loss of $1.88​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-5.00.  The mean expectation of nine analysts for the quarter was for a loss of $2.68 per share. Wall Street expected results to range from $-4.65 to $-2.23 per share.

Revenue rose 12.3% to $66.83 million from a year ago; analysts expected $60.15 million.

American Well Corp's reported EPS for the quarter was a loss of $1.19​.

The company reported a quarterly loss of $18.7 million.

American Well Corp shares had fallen by 7.0% this quarter and gained 1.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 7.3% 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 May 2 at 04:46 a.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
Mar. 31 2025
-2.68
-1.88
Beat
Dec. 31 2024
-2.93
-2.77
Beat
Sep. 30 2024
-3.40
-2.87
Beat
Jun. 30 2024
-3.98
-3.36
Beat