Ontrak Inc reports results for the quarter ended in January - Earnings Summary

Ontrak

09/08/2024 01:01

* Ontrak Inc  OTRK.OQ  reported a quarterly adjusted loss
of 19
cents​​ per share for the quarter ended in January.  The lone
analyst forecast for the quarter was for a loss of 10 cents per
share. 
    * Revenue was $2.45 million​; analysts expected $2.60
million. 
    * Ontrak Inc's reported EPS for the quarter was a loss of 19
cents​.
    * The company reported a quarterly loss of $12.53 million.
    * Ontrak Inc shares had risen by 2.1% this quarter and
lost 47.5%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 28.6%
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 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 August 9 at
12:00 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
 Jan. 1 0001       -0.10          -0.19          Missed
 Mar. 31 2024      -0.19          -0.11          Beat
 Dec. 31 2023      -0.21          -0.29          Missed