CareCloud Inc CCLD.OQ CCLD.O is expected to show a fall in quarterly revenue when it reports results on March 13 for the period ending December 31 2024
The Somerset New Jersey-based company is expected to report a 1.5% decrease in revenue to $27.992 million from $28.42 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for CareCloud Inc is for a loss of 6 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "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 $5.20, above its last closing price of $1.68.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.14
-0.14
-0.04
Beat
70.9
Jun. 30 2024
-0.05
-0.03
-0.14
Missed
-366.7
Mar. 31 2024
-0.27
-0.29
-0.02
Beat
93.1
Dec. 31 2023
-0.32
-0.34
-0.35
Missed
-4
Sep. 30 2023
-0.33
-0.33
-0.42
Missed
-26.4
Jun. 30 2023
-0.27
-0.27
-0.37
Missed
-35
Mar. 31 2023
-0.29
-0.30
-0.28
Beat
5.6
Dec. 31 2022
-0.22
-0.22
-0.22
Met
1.7
This summary was machine generated March 11 at 12:37 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)