eHealth (EHTH) Set to Announce Earnings on Tuesday

eHealth (NASDAQ:EHTH) will issue 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.Individual that wish to listen to 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 for the quarter, missing analysts’ consensus estimates of $1.83 by ($0.56). eHealth had a negative net margin of 6.23% and a negative return on equity of 5.54%. The company had revenue of $247.70 million for the quarter, compared to the consensus estimate of $244.93 million. During the same quarter in the prior year, the firm earned $1.01 earnings per share. eHealth’s revenue for the quarter was up 26.2% compared to the same quarter last year. On average, analysts expect eHealth to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

eHealth Price Performance

Shares of NASDAQ:EHTH opened at $4.72 on Monday. eHealth has a 12 month low of $4.28 and a 12 month high of $10.31. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.88 and a quick ratio of 1.88. The stock’s 50 day moving average price is $5.49 and its 200 day moving average price is $6.92. The stock has a market cap of $137.45 million, a price-to-earnings ratio of -1.82 and a beta of 0.49.

Analyst Upgrades and Downgrades

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