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

Cano Health

09/05/2023 22:01

* Cano Health Inc  CANO.N  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for a loss
of 13 cents per share.
    * Revenue rose 23.1% to $866.91 million from a year ago;
analysts
expected $807.11 million. 
    * Cano Health Inc's reported EPS for the quarter was a loss
of 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 37.3%
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 23.1% this quarter and
lost 18.2% so far this year.
    * The company reported a quarterly loss of $28.15 million.
    * Wall Street's median 12-month price target for Cano Health
Inc
is $2.75 
    * 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 LSEG Refinitiv data May
9 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.13          -0.12          Beat
 Dec. 31 2022      -0.13          0.39           Beat
 Sep. 30 2022      -0.05          -0.23          Missed
 Jun. 30 2022      -0.05          -0.03          Beat