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

Cano Health

11/08/2023 17:03

* Cano Health Inc  CANO.N  reported a quarterly adjusted
loss
of 51 cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for a loss of 12
cents per share.
    * Revenue rose 11.2% to $766.75 million from a year ago;
analysts
expected $828.44 million. 
    * Cano Health Inc's reported EPS for the quarter was a loss
of 51
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Cano Health Inc shares had risen by 9.4% this quarter and
gained 10.9% so far this year.
    * The company reported a quarterly loss of $140.75 million.
    * Wall Street's median 12-month price target for Cano Health
Inc
is $1.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 11 at 04:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.12          -0.51          Missed
 Mar. 31 2023      -0.12          -0.12          Met
 Dec. 31 2022      -0.13          0.39           Beat
 Sep. 30 2022      -0.05          -0.23          Missed