Investing.com - American Well reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
American Well announced earnings per share of $-0.25 on revenue of $69.21M. Analysts polled by Investing.com EPS of $-0.26 on revenue of $68.23M.
American Well 's are up 100% and is trading at $3.69 , still down 59.98% from its 52 week high of $9.22 set on Monday, November 8, 2021.
American Well follows other major Healthcare sector earnings this month
American Well's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, for EPS of $2.52 on revenue of $23.46B.
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