Cano Health (NYSE:CANO) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Cano Health beat estimated earnings by 14.29%, reporting an EPS of $-0.12 versus an estimate of $-0.14.
Revenue was up $162.57 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.52 which was followed by a 15.92% drop in the share price the next day.
Here’s a look at Cano Health’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.13 | -0.05 | -0.05 | -0.04 |
| EPS Actual | 0.39 | -0.23 | -0.03 | 0 |
| Revenue Estimate | 654.52M | 717.93M | 712.61M | 666.03M |
| Revenue Actual | 680.37M | 665.00M | 689.37M | 704.34M |
To track all earnings releases for Cano Health visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.