* CareMax Inc reported a quarterly adjusted loss of $9.86 per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of $-8.70. The mean expectation of four analysts for the quarter was for a loss of $7.62 per share. Wall Street expected results to range from $-8.91 to $-6.33 per share.
* Revenue fell 11.5% to $198.63 million from a year ago; analysts expected $221.41 million.
* CareMax Inc's reported EPS for the quarter was a loss of $44.79.
* The company reported a quarterly loss of $170.56 million.
* CareMax Inc shares had risen by 59.9% this quarter and lost 70.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 5.7% 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 "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 healthcare facilities & services peer group is also "hold"
Wall Street's median 12-month price target for CareMax Inc is $4.00 This summary was machine generated from LSEG data August 10 at 12:10 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
Jun. 30 2024 -7.62 -9.86 Missed
Mar. 31 2024 -8.70 -11.49 Missed
Dec. 31 2023 -4.73 -1.25 hundred Missed
Sep. 30 2023 -3.45 -27.60 Missed
Comments