eHealth (EHTH) Set to Announce Quarterly Earnings on Tuesday

eHealth (NASDAQ:EHTH) will be releasing its earnings data before the market opens on Tuesday, May 7th. Analysts expect eHealth to post earnings of ($0.39) per share for the quarter. eHealth has set its FY 2024 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

eHealth (NASDAQ:EHTH) last issued its quarterly earnings data on Tuesday, February 27th. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.83 by ($0.56). The business had revenue of $247.70 million for the quarter, compared to analysts’ expectations of $244.93 million. eHealth had a negative return on equity of 5.54% and a negative net margin of 6.23%. The company’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.01 earnings per share. On average, analysts expect eHealth to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

eHealth Trading Down 2.0 %

Shares of EHTH stock opened at $4.44 on Tuesday. The stock’s 50-day moving average price is $5.68 and its 200 day moving average price is $7.02. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.88 and a current ratio of 1.88. eHealth has a 52-week low of $4.28 and a 52-week high of $10.31.

Analyst Ratings Changes

Separately, Craig Hallum cut eHealth from a “buy” rating to a “hold” rating and set a $7.00 price target for the company. in a research note on Thursday, January 18th. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $10.00.

eHealth Company Profile

eHealth, Inc operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States. The company operates in two segments, Medicare; and Employer and Individual. The Medicare segment offers sale of Medicare-related health insurance plans, which includes Medicare advantage, Medicare Supplement, and Medicare Part D prescription drug plans to Medicare-eligible customers including but not limited to, dental, and vision insurance, as well as advertising program for marketing and other services.