CareCloud Inc expected to post a loss of 28 cents a share - Earnings Preview

Carecloud

03/08/2021 15:00

* CareCloud Inc  MTBC.OQ   MTBC.O  is expected to show a rise in
quarterly revenue when it reports results on August 5. 
* The Somerset, New Jersey-based company is expected to report 
 a 63.6% increase in revenue to $32.022 million from $19.58
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for CareCloud Inc is for a
loss of 28 cents per share. For the same quarter last year, the
company reported a loss of 65 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "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 $15​, about 46.3% above​ its last closing price of $8.05. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  -0.48       -0.49      -0.46     Beat    5.4​
 Jun. 30 2020  -0.69       -0.69      -0.65     Beat    6
 Mar.          -0.75​      -0.64      -0.42     Beat    34.2​
 31​ 2020​                                              
 Dec. 31 2019  -0.06       -0.07      -0.12     Missed  -62.2​
 Sep. 30 2019  -0.12       -0.12      -0.14     Missed  -12
 Jun. 30 2019  -0.18       -0.17      -0.19     Missed  -9.6
 This summary was machine generated August 3 at 14:00 GMT.  All
figures in US dollars unless otherwise stated