eHealth (EHTH) Set to Announce Quarterly Earnings on Tuesday

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

eHealth (NASDAQ:EHTH) last released its quarterly earnings data on Tuesday, February 27th. The financial services provider reported $1.27 earnings per share for the quarter, missing the consensus estimate of $1.83 by ($0.56). The company had revenue of $247.70 million during the quarter, compared to the consensus estimate of $244.93 million. eHealth had a negative net margin of 6.23% and a negative return on equity of 5.54%. The company’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same quarter in the prior year, the company 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 Stock Performance

eHealth stock opened at $4.44 on Tuesday. The business has a 50 day simple moving average of $5.68 and a 200 day simple moving average of $7.02. eHealth has a one year low of $4.28 and a one year high of $10.31. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.88 and a current ratio of 1.88.

Analyst Ratings Changes

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

About eHealth

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.