Triple-S Management Corporation (NYSE:GTS) provider of healthcare insurance and accident services, is reporting third quarter earnings results on Friday 6th November 2020, before market open.
The consensus estimates from Thomson Reuters are $ 888.68 million in revenue.
For the full year, analysts predict revenues of $ 3566.34 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 3,620.00 million ~ $ 3,660.00 million, where as bottomline are predicted in a range of $ 2.80 ~ $ 3.00 per share
Click Here For More Historical Outlooks Of Triple-S Management Corporation
Previous Quarter Performance
Triple-S Management Corporation recorded income for the second quarter of $ 1.76 per share, from the revenue of $ 875.46 million. The quarterly earnings elevated 57.14 percent while revenues contracted 0.36 percent compared with the same quarter last year. The consensus estimates are $ 887.58 million in revenue The top line results fell short of analysts by $ 12.12 million or 1.37 percent.
Stock Performance
Shares of Triple-S Management Corporation traded up $ 0.76 or 3.75 percent on Thursday, reaching $ 21.01 with volume of 194.80 thousand shares. Triple-S Management Corporation has traded high as $ 21.08 and has cracked $ 20.26 on the downward trend
According to the previous trading day, closing price of $ 21.01, representing a 121.80 % increase from the 52 week low of $ 9.13 and a 5.86 % decrease over the 52 week high of $ 21.51.
The company has a market capital of $ 492.42 million and is part of the Financial Services sector and Insurance – Diversified industry.
Conference Call
Triple-S Management Corporation 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 management.grupotriples.com
Triple-S Management Corporation, through its subsidiaries, provides a portfolio of managed care and related products in the commercial, Medicare Advantage, and Medicaid markets. It operates through three segments: Managed Care, Life Insurance, and Property and Casualty Insurance. The company offers various managed care products, including health maintenance organization plans; preferred provider organization plans; BlueCard program; Medicare Supplement products; Medicare Advantage products; Medicaid plans; and claims processing and other administrative services to employers, professional and trade associations, individuals, and government entities.
