Uncovering Potential: Accolade's Earnings Preview

Accolade ACCD will release its quarterly earnings report on Tuesday, 2024-10-08. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Accolade to report an earnings per share (EPS) of $-0.44.

Accolade bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

The company's EPS beat by $0.13 in the last quarter, leading to a 43.97% drop in the share price on the following day.

Here's a look at Accolade's past performance and the resulting price change:

Performance of Accolade Shares

Shares of Accolade were trading at $3.75 as of October 04. Over the last 52-week period, shares are down 55.34%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Accolade visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.