Cano Health Inc expected to post a loss of 14 cents a share - Earnings Preview

Cano Health

06/05/2023 03:07

* Cano Health Inc  CANO.N   CANO.K  is expected to show a
rise in
quarterly revenue when it reports  results on May 9. 
    * The Miami Florida-based  company is expected to report  a
15.1% increase in revenue to $810.95 million from $704.34
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cano Health Inc is
for a
loss of 14 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 $2.75​, above​ its last closing price of $1.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -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. 31 2022  -0.08       -0.07      0.00      Beat    98.5
 ​​Dec.        -0.06       -0.02      0.00      Beat    100
 31 2021                                                
 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 May 6 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated