eHealth, Inc. (NASDAQ:EHTH) is reporting third quarter earnings results on Thursday 22nd October 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.58 per share.
For the full year, analysts predict revenues of $ 653.73 million, while looking forward to income of $ 4.22 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 630.00 million ~ $ 670.00 million, where as bottomline are predicted in a range of $ 3.83 ~ $ 4.32 per share
Click Here For More Historical Outlooks Of eHealth, Inc.
Previous Quarter Performance
eHealth, Inc. communicated income for the second quarter of $ 0.07 per share, from the revenue of $ 88.77 million. The quarterly earnings declined 30.00 percent while revenues grew 34.97 percent compared with the same quarter last year.
Wall street analysts are predicting, EHTH to report 2Q20 loss of $ 0.15 per share from revenue of $ 80.74 million. The bottom line results beat street analysts by $ 0.22 or 146.67 percent, at the same time, top line results outshined analysts by $ 8.03 million or 9.95 percent.
Stock Performance
Shares of eHealth, Inc. traded low $ -2.05 or -2.45 percent on Wednesday, reaching $ 81.70 with volume of 923.70 thousand shares. eHealth, Inc. has traded high as $ 84.17 and has cracked $ 78.08 on the downward trend
The closing price of $ 81.70, representing a 46.54 % increase from the 52 week low of $ 57.15 and a 44.97 % decrease over the 52 week high of $ 152.19.
The company has a market capital of $ 2.10 billion and is part of the Financial Services sector and Insurance Brokers industry.
Recent Analyst recommendations
- On 25th September 2020, initiated by Goldman Sachs Group at Buy rating, with $ 101.00 target price.
- On 8th September 2020, upgraded by SVB Leerink to Outperform from Market Perform rating.
Conference Call
eHealth, Inc. will be hosting a conference call at 5:00 PM eastern time on 22nd October 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.ehealthinsurance.com
eHealth, Inc. provides private health insurance exchange services to individuals, families, and small businesses in the United States and China. The company operates through two segments, Medicare; and Individual, Family and Small Business.
