Cue Health (HLTH) to Release Quarterly Earnings on Monday

Cue Health (NASDAQ:HLTH) is set to release its earnings data after the market closes on Monday, May 13th. Analysts expect Cue Health to post earnings of ($0.40) per share for the quarter. Cue Health has set its Q1 2024 guidance at EPS.

Cue Health (NASDAQ:HLTH) last released its earnings results on Wednesday, March 13th. The company reported ($0.32) earnings per share for the quarter, topping the consensus estimate of ($0.45) by $0.13. Cue Health had a negative net margin of 526.48% and a negative return on equity of 67.82%. The company had revenue of $18.80 million for the quarter, compared to the consensus estimate of $17.60 million. On average, analysts expect Cue Health to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cue Health Stock Performance

Shares of Cue Health stock opened at $0.14 on Monday. The firm’s 50 day simple moving average is $0.19 and its two-hundred day simple moving average is $0.24. Cue Health has a 12-month low of $0.13 and a 12-month high of $0.96.

Wall Street Analysts Forecast Growth

Separately, BTIG Research restated a “neutral” rating on shares of Cue Health in a research note on Thursday, March 14th.

Cue Health Company Profile

Cue Health Inc operates as a healthcare technology company. It provides the Cue Health platform that offers individuals and healthcare providers convenient and personalized access to lab-quality diagnostic tests at home and at the point-of-care, as well as on-demand telehealth consultations and treatment options for a range of health and wellness needs.