CareCloud Inc expected to post a loss of 27  cents a share - Earnings Preview

Carecloud

06/05/2022 19:37

* CareCloud Inc  MTBC.OQ   MTBC.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 9. 
    * The Somerset New Jersey-based  company is expected to
report  a
13.5% increase in revenue to $33.799 million from $29.77 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 27 cents per share. For the same quarter last year, the
company reported a loss of 36 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
$13.5​, above​ its last closing price of $3.95. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.22       -0.17      -0.01     Beat    94.1
 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.        -0.32       -0.32      -0.26     Beat    19.8
 31 2020                                                
 Sep. 30 2020  -0.48       -0.49      -0.46     Beat    5.4​
 Jun. 30 2020  -0.69       -0.69      -0.65     Beat    6
 Mar. 31 2020  -0.75       -0.64      -0.42     Beat    34.2
 This summary was machine generated May 6 at 18:37 GMT.  All
figures in US dollars  unless otherwise stated