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

Carecloud

01/08/2023 19:33

* CareCloud Inc  CCLD.OQ   CCLD.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 3. 
    * The Somerset New Jersey-based  company is expected to
report  a
15.9% decrease in revenue to $31.317 million from $37.23 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CareCloud Inc is
for a
loss of 27 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 $3.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.29       -0.30      -0.28     Beat    5.6
 Dec. 31 2023  -0.22       -0.22      -0.22     Met     1.7
 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.        -0.23       -0.27      -0.19     Beat    30.1
 31 2022                                                
 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
 This summary was machine generated August 1 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated