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Stock impact report

CareMax, Inc. (CMAX) Reports Q2 Loss, Misses Revenue Estimates [Yahoo! Finance]

CareMax, Inc. - Class A (CMAX) 
Company Research Source: Yahoo! Finance
This compares to loss of $4.50 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -39.55%. A quarter ago, it was expected that this company would post a loss of $8.73 per share when it actually produced a loss of $10.99, delivering a surprise of -25.89%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. CareMax , which belongs to the Zacks Technology Services industry, posted revenues of $198.63 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 14.94%. This compares to year-ago revenues of $224.44 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. CareMax shares have lost about 7 Show less Read more
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