Cue Health Inc expected to post a loss of 54 cents a share - Earnings Preview

Cue Health

08/11/2022 03:09

* Cue Health Inc  HLTH.OQ   HLTH.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 9. 
    * The San Diego California-based  company is expected to
report  a
74.0% decrease in revenue to $58.164 million from $223.68
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 54 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
$8.5​, above​ its last closing price of $3.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  1.48        1.48       0.13      Missed  -91.2
 ​​                                                     
                                                        ​
 This summary was machine generated November 8 at 03:08 GMT.  All
figures in US dollars  unless otherwise stated