Cue Health Inc expected to post a loss of 44 cents a share - Earnings Preview

Cue Health

11/03/2024 20:21

* Cue Health Inc  HLTH.OQ   HLTH.O  is expected to show a
fall in
quarterly revenue when it reports  results on March 13 for the
period ending December 31 2023
    * The San Diego California-based  company is expected to
report a
88.0% decrease in revenue to $17.681 million from $146.78
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Cue Health Inc is for a
loss
of 44 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 Cue Health
Inc is
$0.88​, above​ its last closing price of $0.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.44       -0.45      -0.43     Beat    4.4
 Jun. 30 2023  -0.47       -0.50      -0.55     Missed  -10.7
 Mar. 31 2023  -0.62       -0.61      -0.62     Missed  -2.1​
 Dec. 31 2022  -0.47       -0.51      -0.21     Beat    58.8
 ​​Sep.        -0.54       -0.54      -0.45     Beat    17.1
 30 2022                                                
 Jun. 30 2022  -0.47       -0.46      -0.37     Beat    20​
 Mar. 31 2022  -0.05       -0.05      0.02      Beat    138.1
 Dec. 31 2021  0.10        0.11       0.22      Beat    109.5
 This summary was machine generated March 11 at 20:21 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)