American Well Sees 2024 Revenue $259M-$269M vs $261.53M Est.
Portfolio Pulse from Benzinga Newsdesk
American Well (AMWL) has provided its revenue guidance for 2024, projecting between $259 million and $269 million, compared to the analyst estimate of $261.53 million.
July 31, 2024 | 9:34 pm
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American Well (AMWL) has issued its revenue guidance for 2024, forecasting between $259 million and $269 million. This range is slightly above the analyst estimate of $261.53 million, which could positively influence investor sentiment.
The revenue guidance provided by American Well is slightly above the analyst estimate, which is likely to be viewed positively by investors. This could lead to a short-term increase in the stock price as the market reacts to the optimistic forecast.
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