* Sharecare Inc 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
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