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

Health Catalyst

09/05/2024 23:39

* Health Catalyst Inc  HCAT.OQ  reported quarterly adjusted
earnings of 5 cents​​ per share for the quarter ended in March,
identical to the same quarter last year.  The mean expectation
of fifteen analysts for the quarter was for earnings of 3 cents
per share. Wall Street expected results to range from -6 cents
to 6 cents per share.
    * Revenue rose 1.2% to $74.72 million from a year ago;
analysts
expected $74.80 million. 
    * Health Catalyst Inc's reported EPS for the quarter was a
loss
of 35 cents​.
    * The company reported a quarterly loss of $20.59 million.
    * Health Catalyst Inc shares had fallen by 11.7% this
quarter and
lost 28.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6% 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 $11.50 
This summary was machine generated from LSEG data May 9 at 10:39
p.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
 Mar. 31 2024      0.03           0.05           Beat
 Dec. 31 2023      0.00           0.02           Beat
 Sep. 30 2023      -0.02          0.03           Beat
 Jun. 30 2023      0.00           0.05           Beat