CareCloud Inc expected to post a loss of 17  cents a share - Earnings Preview

Carecloud

11/03/2022 13:27

* CareCloud Inc  MTBC.OQ   MTBC.O  is expected to show a
rise in
quarterly revenue when it reports  results on March 14. 
    * The Somerset New Jersey-based  company is expected to
report  a
15.9% increase in revenue to $37.129 million from $32.04 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CareCloud Inc is
for a
loss of 17 cents per share. For the same quarter last year, the
company reported a loss of 26 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "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 CareCloud
Inc is
$17​, above​ its last closing price of $5.23. ​​​
    * 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 2021  -0.17       -0.17      -0.15     Beat    13.5
 Jun. 30 2021  -0.28       -0.28      -0.27     Beat    2.1
 Mar. 31 2021  -0.40       -0.39      -0.36     Beat    8.5​
 Dec. 31 2020  -0.32       -0.32      -0.26     Beat    19.8
 ​​Sep.        -0.48       -0.49      -0.46     Beat    5.4
 30 2020                                                
 Jun. 30 2020  -0.69       -0.69      -0.65     Beat    6​
 Mar. 31 2020  -0.75       -0.64      -0.42     Beat    34.2
 Dec. 31 2019  -0.06       -0.07      -0.12     Missed  -62.2
 This summary was machine generated March 11 at 13:27 GMT.  All
figures in US dollars  unless otherwise stated