Ontrak Inc reports results for the quarter - Earnings Summary

Ontrak

14/11/2024 04:04

* Ontrak Inc  OTRK.OQ  reported a quarterly adjusted loss of
$1.77​​ per share for the quarter .  The lone analyst forecast
for the quarter was for a loss of $1.56 per share. 
    * Revenue was $2.57 million​; analysts expected $2.60
million. 
    * Ontrak Inc's reported EPS for the quarter was a loss of
$1.77​.
    * The company reported a quarterly loss of $5.58 million.
    * Ontrak Inc shares had fallen by 23.5% this quarter and
lost 69.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4% 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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Ontrak Inc is
4.00 
This summary was machine generated from LSEG data November 14 at
04:03 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
 Sep. 30 2024      -1.56          -1.77          Missed
 Jun. 30 2024      -1.50          -2.85          Missed
 Mar. 31 2024      -2.85          -1.65          Beat
 Dec. 31 2023      -3.15          -4.35          Missed