Health Catalyst Inc reports results for the quarter ended in June - Earnings Summary

Health Catalyst

08/08/2024 04:42

* Health Catalyst Inc  HCAT.OQ  reported quarterly adjusted
earnings of 12 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 5 cents.  The mean expectation of
fifteen analysts for the quarter was for earnings of 8 cents per
share. Wall Street expected results to range from 5 cents to 13
cents per share.
    * Revenue rose 3.7% to $75.90 million from a year ago;
analysts
expected $75.01 million. 
    * Health Catalyst Inc's reported EPS for the quarter was a
loss
of 23 cents​.
    * The company reported a quarterly loss of $13.52 million.
    * Health Catalyst Inc shares had fallen by 7.2% this
quarter and
lost 36.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Health Catalyst
Inc is $11.00 
This summary was machine generated from LSEG data August 8 at
03:42 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.08           0.12           Beat
 Mar. 31 2024      0.03           0.05           Beat
 Dec. 31 2023      0.00           0.02           Beat
 Sep. 30 2023      -0.02          0.03           Beat