Cano Health Inc reports results for the quarter ended in December - Earnings Summary

Cano Health

01/03/2023 22:43

* Cano Health Inc  CANO.N  reported quarterly adjusted
earnings of
39 cents​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for a loss
of 13 cents per share.
    * Revenue rose 38.2% to $680.37 million from a year ago;
analysts
expected $654.53 million. 
    * Cano Health Inc's reported EPS for the quarter was a loss
of 61
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Cano Health Inc shares had risen by 20.4% this quarter.
    * The company reported a quarterly loss of $148.37 million.
    * Wall Street's median 12-month price target for Cano Health
Inc
is $4.00 
    * 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." 

This summary was machine generated from Refinitiv data March 1
at 10:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.13          0.39           Beat
 Sep. 30 2022      -0.05          -0.23          Missed
 Jun. 30 2022      -0.05          -0.03          Beat
 Mar. 31 2022      -0.07          0.00           Beat