American Well Corp reports results for the quarter ended December 31 - Earnings Summary

• American Well Corp AMWL.N reported a quarterly adjusted loss of $2.77​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-3.40. The mean expectation of ten analysts for the quarter was for a loss of $2.93 per share. Wall Street expected results to range from $-3.23 to $-2.47 per share.

• Revenue rose 0.5% to $71.01 million from a year ago; analysts expected $66.57 million.

• American Well Corp's reported EPS for the quarter was a loss of $2.77​.

• The company reported a quarterly loss of $42.65 million.

• American Well Corp shares had risen by 58.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.7% 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 1 "strong buy" or "buy," 9 "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 American Well Corp is $10.25

This summary was machine generated from LSEG data February 12 at 10:45 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)