Cano Health Inc expected to post a loss of 12 cents a share - Earnings Preview

Cano Health

08/08/2023 01:40

* Cano Health Inc  CANO.N   CANO.K  is expected to show a
rise in
quarterly revenue when it reports  results on August 9. 
    * The Miami Florida-based  company is expected to report  a
20.2% increase in revenue to $828.435 million from $689.37
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cano Health Inc is
for a
loss of 12 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 2 "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 Cano Health
Inc
is $2.75​, above​ its last closing price of $1.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.12       -0.12      -0.12     Met     1.6
 Dec. 31 2023  -0.12       -0.13      0.39      Beat    408.7
 Sep. 30 2022  -0.03       -0.05      -0.23     Missed  -384.9
                                                        ​
 Jun. 30 2022  -0.04       -0.05      -0.03     Beat    44.1
 ​​Mar.        -0.08       -0.07      0.00      Beat    98.5
 31 2022                                                
 Dec. 31 2021  -0.06       -0.02      0.00      Beat    100​
 Sep. 30 2021  -0.01       -0.01      -0.09     Missed  -1,223
                                                        .5
 Jun. 30 2021  -0.01       -0.01      0.01      Beat    200
 This summary was machine generated August 8 at 00:40 GMT.  All
figures in US dollars  unless otherwise stated