Catasys Inc. (CATS) Scheduled to Post Quarterly Earnings on Tuesday
Catasys Inc. (NASDAQ:CATS) is scheduled to be announcing its earnings results after the market closes on Tuesday, November 14th. Analysts expect the company to announce earnings of ($0.48) per share for the quarter.
Catasys (NASDAQ:CATS) last announced its quarterly earnings results on Tuesday, August 15th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.03). The business had revenue of $1.67 million during the quarter. On average, analysts expect Catasys to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Catasys Inc. (NASDAQ CATS) opened at $3.47 on Monday. Catasys Inc. has a twelve month low of $3.34 and a twelve month high of $14.00.
Several equities research analysts have issued reports on the company. Taglich Brothers assumed coverage on Catasys in a report on Wednesday, October 18th. They set a “speculative buy” rating and a $8.00 price target for the company. Telsey Advisory Group began coverage on Catasys in a report on Wednesday, October 18th. They set a “buy” rating for the company. Zacks Investment Research raised Catasys from a “sell” rating to a “hold” rating in a report on Monday, August 7th. Finally, ValuEngine downgraded Catasys from a “hold” rating to a “sell” rating in a report on Saturday, October 21st.
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Catasys Company Profile
Catasys, Inc provides data analytics based specialized behavioral health management and integrated treatment services to health plans and other third party payors. It offers OnTrak solution to improve treatment outcomes and lower the utilization of medical and behavioral health plan services. The companys OnTrak solution includes medical and psychosocial interventions; and a proprietary Web based clinical information platform and database, psychosocial programs, and integrated care coaching services.
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