American Well (NYSE:AMWL – Get Free Report) is set to post its quarterly earnings results after the market closes on Wednesday, October 30th. Analysts expect American Well to post earnings of ($3.32) per share for the quarter. American Well has set its FY 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.
American Well (NYSE:AMWL – Get Free Report) last released its quarterly earnings results on Wednesday, July 31st. The company reported ($3.36) earnings per share for the quarter, topping the consensus estimate of ($3.94) by $0.58. American Well had a negative return on equity of 50.36% and a negative net margin of 120.44%. The company had revenue of $62.79 million for the quarter, compared to analysts’ expectations of $60.78 million. During the same period in the previous year, the business posted ($4.60) earnings per share. On average, analysts expect American Well to post $-13 EPS for the current fiscal year and $-8 EPS for the next fiscal year.
American Well Stock Performance
Shares of AMWL opened at $9.41 on Monday. American Well has a 52-week low of $5.00 and a 52-week high of $31.60. The business’s 50 day moving average price is $9.27 and its two-hundred day moving average price is $8.99. The firm has a market cap of $139.48 million, a PE ratio of -0.38 and a beta of 1.05.
Insider Activity
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on AMWL. Needham & Company LLC reiterated a “hold” rating on shares of American Well in a research note on Tuesday, September 24th. Wells Fargo & Company cut their price target on American Well from $40.00 to $15.00 and set an “equal weight” rating for the company in a report on Tuesday, August 6th.
View Our Latest Research Report on AMWL
About American Well
American Well Corporation, an enterprise platform and software company, delivers digitally enabling hybrid care in the United States and internationally. The company offers Converge, a cloud-based platform that enables health providers, payers, and innovators to provide in-person, virtual and automated care; and delivers virtual primary care, post-discharge follow-up, chronic condition management, virtual nursing, e-sitting, on-demand and scheduled virtual visits, specialty consults, automated care, and behavioral health, as well as specialty care programs, including dermatology, musculoskeletal care, second opinion, and cardiometabolic care to patients and members.
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