Benefitfocus, Inc. (NASDAQ:BNFT) is expected to report third quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.14 per share.
Looking ahead, the full year loss are expected at $ 0.51 per share on the revenues of $ 265.54 million.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ -0.21 ~ $ -0.12 per share, while revenues are expected in a range of $ 59.00 million ~ $ 62.00 million
Full Year 2020 topline are forecasted in a range of$ 260.00 million ~ $ 270.00 million, where as bottomline are predicted in a range of $ -0.59 ~ $ -0.44 per share
Click Here For More Historical Outlooks Of Benefitfocus, Inc.
Previous Quarter Performance
Benefitfocus, Inc. unfold loss for the second quarter of $ 0.26 per share, from the revenue of $ 62.17 million. According to street consensus, BNFT was expected to report 2Q20 loss of $ 0.25 per share from revenue of $ 56.06 million. The bottom line results missed street analysts by $ 0.01 or 4 percent, at the same time, top line results outshined analysts by $ 6.11 million or 10.90 percent.
Stock Performance
Shares of Benefitfocus, Inc. traded low $ -0.02 or -0.19 percent on Wednesday, reaching $ 10.42 with volume of 204.00 thousand shares. Benefitfocus, Inc. has traded high as $ 10.92 and has cracked $ 10.35 on the downward trend
The closing price of $ 10.42, representing a 71.43 % increase from the 52 week low of $ 6.09 and a 59.07 % decrease over the 52 week high of $ 25.51.
The company has a market capital of $ 336.16 million and is part of the Technology sector and Software – Application industry.
Conference Call
Benefitfocus, Inc. will be hosting a conference call at 12:00 PM eastern time on 5th 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 www.benefitfocus.com
Benefitfocus, Inc. provides cloud-based benefits management platform for consumers, employers, insurance carriers, suppliers, and brokers in the United States. The company operates through Employer and Carrier segments.
