Sharecare Inc reports results for the quarter ended in December - Earnings Summary

Sharecare

28/03/2024 21:44

* Sharecare Inc  SHCR.OQ  reported a quarterly adjusted loss
of 10
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -7
cents.  The mean expectation of four analysts for the quarter
was for a loss of 6 cents per share. Wall Street expected
results to range from -7 cents to -6 cents per share.
    * Revenue fell 14.6% to $105.28 million from a year ago;
analysts
expected $115.00 million. 
    * Sharecare Inc's reported EPS for the quarter was a loss
of 10
cents​.
    * The company reported a quarterly loss of $34.25 million.
    * Sharecare Inc shares had fallen by 22.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 3 "strong buy" or "buy," 1
"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 Sharecare Inc is
$2.38 
This summary was machine generated from LSEG data March 28 at
09:44 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
 Dec. 31 2023      -0.06          -0.10          Missed
 Sep. 30 2023      -0.07          -0.07          Met
 Jun. 30 2023      -0.09          -0.10          Missed
 Mar. 31 2023      -0.06          -0.10          Missed