Cano Health Inc expected to post a loss of 13 cents a share - Earnings Preview

Cano Health

27/02/2023 22:05

* Cano Health Inc  CANO.N   CANO.K  is expected to show a
rise in
quarterly revenue when it reports  results on March 1. 
    * The Miami Florida-based  company is expected to report  a
32.4% increase in revenue to $651.64 million from $492.26
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 13 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"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 $4​, above​ its last closing price of $1.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  -0.08       -0.07      0.00      Beat    98.5​
 Dec. 31 2021  -0.06       -0.02      0.00      Beat    100
 ​​Sep.        -0.01       -0.01      -0.09     Missed  -1,223
 30 2021                                                .5
 Jun. 30 2021  -0.01       -0.01      0.01      Beat    200​
 This summary was machine generated February 27 at 22:05 GMT. 
All figures in US dollars  unless otherwise stated