CareMax Inc expected to post a loss of $8.70 a share - Earnings Preview

Caremax

06/05/2024 15:47

* CareMax Inc  CMAX.OQ   CMAX.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 8 (estimated)
for the period ending March 31 2024
    * The Miami Florida-based  company is expected to report a
14.0% increase in revenue to $197.24 million from $172.98
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for CareMax Inc is for a
loss of
$8.70 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 22.4%
in the last three months. ​
    * Wall Street's median 12-month price target for CareMax Inc
is
$5.70​, above​ its last closing price of $3.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -7.85       -4.73      -1.25     Missed  -2,534
                                      hundred           .2
 Sep. 30 2023  -2.69       -3.45      -27.60    Missed  -700
 Jun. 30 2023  -2.31       -2.25      -8.70     Missed  -286.7
                                                        ​
 Mar. 31 2023  -4.37       -4.35      -22.20    Missed  -410.3
 ​​Jan.        -1.46       -1.50      23.70     Beat    1,680
 1 0001                                                 
 Sep. 30 2022  -2.04       -1.92      -7.50     Missed  -290.6
                                                        ​
 Jun. 30 2022  -1.63       -1.60      -3.30     Missed  -106.3
 Mar. 31 2022  -0.65       -0.75      -5.70     Missed  -660
 This summary was machine generated May 6 at 14:47 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)