Compared to Estimates, American Well (AMWL) Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2024, American Well Corporation (AMWL) reported revenue of $59.52 million, down 7% over the same period last year. EPS came in at -$0.25, compared to -$0.24 in the year-ago quarter.The reported revenue represents a surprise of -2.58% over the Zacks Consensus Estimate of $61.1 million. With the consensus EPS estimate being -$0.18, the EPS surprise was -38.89%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...