CareCloud Inc expected to post a loss of 22 cents a share - Earnings Preview

Carecloud

28/02/2023 17:51

* CareCloud Inc  CCLD.OQ   CCLD.O  is expected to show a
fall in
quarterly revenue when it reports  results on March 2. 
    * The Somerset New Jersey-based  company is expected to
report  a
11.3% decrease in revenue to $33.218 million from $37.46 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CareCloud Inc is
for a
loss of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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
$9​, above​ its last closing price of $3.89. ​​​

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 2022  -0.18       -0.18      -0.18     Met     2.7
 Jun. 30 2022  -0.17       -0.18      -0.07     Beat    61.1
 Mar. 31 2022  -0.23       -0.27      -0.19     Beat    30.1​
 Dec. 31 2021  -0.22       -0.17      -0.01     Beat    94.1
 ​​Sep.        -0.17       -0.17      -0.15     Beat    13.5
 30 2021                                                
 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
 This summary was machine generated February 28 at 17:51 GMT. 
All figures in US dollars  unless otherwise stated