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

Health Catalyst

02/11/2023 22:27

* Health Catalyst Inc  HCAT.OQ  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of -13 cents.  The mean expectation of
fourteen analysts for the quarter was for a loss of 2 cents per
share. Wall Street expected results to range from -13 cents to 5
cents per share.
    * Revenue rose 7.9% to $73.77 million from a year ago;
analysts
expected $72.66 million. 
    * Health Catalyst Inc's reported EPS for the quarter was a
loss
of 39 cents​.
    * The company reported a quarterly loss of $22.03 million.
    * Health Catalyst Inc shares had fallen by 28.6% this
quarter and
lost 32.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 62% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 8
"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 $14.00 
This summary was machine generated from LSEG data November 2 at
10:27 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.02          0.03           Beat
 Jun. 30 2023      0.00           0.05           Beat
 Mar. 31 2023      -0.04          0.05           Beat
 Dec. 31 2022      -0.11          -0.05          Beat