HMS Holdings Corp (NASDAQ:HMSY) is reporting third quarter financial results on Friday 6th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, HMSY is expected to report 3Q20 income of $ 0.30 per share from revenue of $ 171.79 million.
For the full year, analysts anticipate top line of $ 682.13 million, while looking forward to income of $ 1.21 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 680.00 million ~ $ 690.00 million
Click Here For More Historical Outlooks Of HMS Holdings Corp
Previous Quarter Performance
HMS Holdings Corp posted income for the second quarter of $ 0.19 per share, from the revenue of $ 142.65 million. The quarterly earnings shrunk 53.66 percent while revenues fell 9.89 percent compared with the same quarter last year. The top line results fell short of analysts by $ 11.65 million or 7.55 percent.
Stock Performance
Shares of HMS Holdings Corp traded low $ -2.11 or -7.72 percent on Thursday, reaching $ 25.21 with volume of 1.12 million shares. HMS Holdings Corp has traded high as $ 27.68 and has cracked $ 24.96 on the downward trend
According to the previous trading day, closing price of $ 25.21, representing a 50.11 % increase from the 52 week low of $ 18.20 and a 18.25 % decrease over the 52 week high of $ 33.42.
The company has a market capital of $ 2.23 billion and is part of the Industrials sector and Business Services industry.
Conference Call
HMS Holdings Corp will be hosting a conference call at 8:30 AM eastern time on 6th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website investor.hms.com
HMS Holdings Corp., through its subsidiaries, provides cost containment solutions in the United States healthcare marketplace. The company offers coordination of benefits services to government and commercial healthcare payers to ensure that the correct party pays the claim; and population management solutions that provide risk-bearing organizations with intelligence across their member populations to identify risks, and enhance patient engagement and outcomes, as well as payment integrity, care management and consumer engagement, and analytical solutions. It serves state Medicaid programs, commercial health plans, federal government health agencies, government and private employers, childrens health insurance program, and other healthcare payers, as well as a subcontractor.
