American Well Corp expected to post a loss of $3.40 a share - Earnings Preview

* American Well Corp is expected to show a rise in quarterly revenue when it reports results on October 30 for the period ending September 30 2024

* The Boston Massachusetts-based company is expected to report a 2.2% increase in revenue to $63.272 million from $61.92 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for American Well Corp is for a loss of $3.40 per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for American Well Corp is 11.00​, above​ its last closing price of $9.93. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -3.90 -3.98 -3.36 Beat 15.5

Mar. 31 2024 -3.75 -3.80 -5.00 Missed -31.6

Dec. 31 2023 -4.01 -3.96 -3.40 Beat 14​

Sep. 30 2023 -4.26 -4.22 -9.60 Missed -127.5

​​Jun. -4.47 -4.47 -6.60 Missed -47.8

30 2023

Mar. 31 2023 -4.21 -4.14 -4.80 Missed -15.9​

Dec. 31 2022 -5.12 -5.06 -4.40 Beat 13

Jan. 1 0001 -5.18 -5.13 -5.00 Beat 2.6

This summary was machine generated October 29 at 03:03 GMT. 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)