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

Sharecare

09/08/2024 14:31

* Sharecare Inc  SHCR.OQ  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended in June, lower than the
same quarter last year, when the company reported EPS of -10
cents.  The mean expectation of four analysts for the quarter
was for a loss of 7 cents per share. Wall Street expected
results to range from -10 cents to -2 cents per share.
    * Revenue fell 14.6% to $94.27 million from a year ago;
analysts
expected $94.72 million. 
    * Sharecare Inc's reported EPS for the quarter was a loss
of 12
cents​.
    * The company reported a quarterly loss of $42.04 million.
    * Sharecare Inc shares had risen by 1.5% this quarter and
gained 26.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16.7%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Sharecare Inc is
$1.43 
This summary was machine generated from LSEG data August 9 at
01:31 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
 Jun. 30 2024      -0.07          -0.12          Missed
 Mar. 31 2024      -0.07          -0.10          Missed
 Dec. 31 2023      -0.06          -0.10          Missed
 Sep. 30 2023      -0.07          -0.07          Met