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.Parties interested in participating in the company’s 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 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 business had revenue of $247.70 million for the quarter, compared to analyst estimates of $244.93 million. During the same quarter in the prior year, the business earned $1.01 earnings per share. The firm’s quarterly revenue 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 Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.88 and a current ratio of 1.88. The firm’s 50-day simple moving average is $5.49 and its 200 day simple moving average is $6.93. The stock has a market cap of $137.45 million, a price-to-earnings ratio of -1.82 and a beta of 0.49. eHealth has a fifty-two week low of $4.28 and a fifty-two week high of $10.31.

Wall Street Analyst Weigh In

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