$0.41 EPS Expected for WebMD Health Corp (NASDAQ:WBMD) This Quarter

Wall Street brokerages expect that WebMD Health Corp (NASDAQ:WBMD) will post earnings per share (EPS) of $0.41 for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for WebMD Health Corp’s earnings. The lowest EPS estimate is $0.39 and the highest is $0.43. WebMD Health Corp reported earnings per share of $0.39 during the same quarter last year, which would suggest a positive year-over-year growth rate of 5.1%. The company is expected to report its next quarterly earnings report on Monday, August 14th.

On average, analysts expect that WebMD Health Corp will report full-year earnings of $2.06 per share for the current financial year, with EPS estimates ranging from $2.03 to $2.08. For the next year, analysts expect that the firm will post earnings of $2.07 per share, with EPS estimates ranging from $1.93 to $2.15. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that cover WebMD Health Corp.

WebMD Health Corp (NASDAQ:WBMD) last released its quarterly earnings results on Tuesday, May 2nd. The health services provider reported $0.30 EPS for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.03. The company had revenue of $154.06 million for the quarter, compared to analyst estimates of $152.53 million. WebMD Health Corp had a return on equity of 27.77% and a net margin of 12.55%.

Several equities research analysts recently commented on the company. BidaskClub upgraded WebMD Health Corp from a “strong sell” rating to a “sell” rating in a research report on Friday, June 23rd. Zacks Investment Research lowered WebMD Health Corp from a “buy” rating to a “hold” rating in a research report on Friday, May 5th. Finally, William Blair restated a “hold” rating on shares of WebMD Health Corp in a research report on Friday, March 31st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $63.22.

WebMD Health Corp (NASDAQ:WBMD) traded up 0.56% during midday trading on Tuesday, hitting $55.45. The stock had a trading volume of 534,006 shares. The company’s 50 day moving average price is $57.35 and its 200-day moving average price is $53.15. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of 28.93 and a beta of 0.74. WebMD Health Corp has a 52 week low of $48.10 and a 52 week high of $65.00.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Comerica Bank increased its position in WebMD Health Corp by 0.9% in the fourth quarter. Comerica Bank now owns 27,746 shares of the health services provider’s stock worth $1,415,000 after buying an additional 250 shares during the period. Adams Diversified Equity Fund Inc. increased its position in WebMD Health Corp by 3.1% in the first quarter. Adams Diversified Equity Fund Inc. now owns 19,900 shares of the health services provider’s stock worth $1,048,000 after buying an additional 600 shares during the period. Thrivent Financial for Lutherans increased its position in WebMD Health Corp by 8.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 6,690 shares of the health services provider’s stock worth $332,000 after buying an additional 510 shares during the period. Jana Partners LLC purchased a new position in WebMD Health Corp during the first quarter worth $23,764,000. Finally, Asset Management One Co. Ltd. purchased a new position in WebMD Health Corp during the first quarter worth $148,000. 91.72% of the stock is currently owned by institutional investors and hedge funds.

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About WebMD Health Corp

WebMD Health Corp. is a provider of health information services. The Company provides its services to consumers, physicians and other healthcare professionals through its Websites, mobile applications and health-focused publications. Advertisers and sponsors use The WebMD Health Network to reach and engage healthcare professionals and consumers who are interested in healthy living, wellness, diseases and conditions, and other health-related topics.

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Earnings History and Estimates for WebMD Health Corp (NASDAQ:WBMD)

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