Accolade (NASDAQ: ACCD) has announced that it will be unveiling its second quarter financial results on Tuesday 8th October 2024. The disclosure is planned to occur before market open.
the establishment is projected to announce an estimated per share $0.44 loss for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $105.01 million for this period.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share loss of $0.43. This notable figure was achieved due to the company's impressive total revenue of $96.86 million recorded during that specific period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $466.97 million. Additionally, they expect the company to post loss of $1.09 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q1 2025 | $-0.35 | +32.7% | 110.47 M | +18.5% |
| Q4 2024 | $-0.10 | +76.2% | 124.83 M | +26.1% |
| Q3 2024 | $-0.28 | +50.0% | 99.37 M | +9.3% |
| Q2 2024 | $-0.43 | +34.8% | 96.86 M | +10.5% |
| Q1 2024 | $-0.52 | +16.1% | 93.23 M | +9.0% |
| *Growth on year-over-year basis | ||||
ACCD will host a conference call with investment community on 8th October 2024 at 08:00 AM eastern time to discuss the financial results.
During Friday's trading, Accolade (ACCD) shares reached a low of $3.66 and a high of $3.81, along with a total volume of 801.10 thousand shares. The stock ended the regular trading session at $3.75, showing a rise of 1.90 percent.
