Cue Health Inc expected to post a loss of 45 cents a share - Earnings Preview

Cue Health

13/03/2023 21:06

* Cue Health Inc  HLTH.OQ   HLTH.O  is expected to show a
fall in
quarterly revenue when it reports  results on March 15. 
    * The San Diego California-based  company is expected to
report  a
75.2% decrease in revenue to $47.773 million from $192.51
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cue Health Inc is
for a
loss of 45 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 Cue Health
Inc is
$6.5​, above​ its last closing price of $1.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.54       -0.54      -0.45     Beat    17.1
 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
 ​​Sep.        1.48        1.48       0.13      Missed  -91.2
 30 2021                                                
                                                        ​
 This summary was machine generated March 13 at 21:06 GMT.  All
figures in US dollars  unless otherwise stated