Cue Health Inc expected to post a loss of 61 cents a share - Earnings Preview

Cue Health

08/05/2023 21:20

* Cue Health Inc  HLTH.OQ   HLTH.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 10. 
    * The San Diego California-based  company is expected to
report  a
87.2% decrease in revenue to $23.019 million from $179.41
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 61 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 had fallen by
about 14.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Cue Health
Inc is
$5​, above​ its last closing price of $0.77. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.47       -0.51      -0.21     Beat    58.8
 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.        0.10        0.11       0.22      Beat    109.5
 31 2021                                                
 Sep. 30 2021  1.48        1.48       0.13      Missed  -91.2​
 This summary was machine generated May 8 at 20:20 GMT.  All
figures in US dollars  unless otherwise stated