The highly anticipated financial results for the third quarter of American Well Corporation (NYSE: AMWL) are scheduled to be disclosed on Wednesday 30th October 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
According to the predictions of financial experts on Wall Street, the establishment is set to unveil an estimated $3.40 loss per share for the quarter. Additionally, the company is expected to report a total revenue of $63.27 million for the specific period.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share loss of $4.2. This results was derived from the company's total revenue, which reached an impressive $61.92 million during same quarter.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $263.05 million. Additionally, they are expecting the company to achieve a per share loss of $15.96 for the fiscal year 2024.
The business has scheduled a conference call on 30th October 2024 at 05:00 PM eastern time to discuss Q3 financial results.
American Well Corporation (AMWL) shares traded as low as $9.54 and as high as $9.94 on a day volume of 30.40 thousand shares, closed Monday's regular trading session at $9.93, a gain of 5.53 percent.
