eHealth (EHTH) to Release Quarterly Earnings on Tuesday

eHealth (NASDAQ:EHTH) is scheduled to 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.Investors interested in listening to 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 EPS for the quarter, missing analysts’ consensus estimates of $1.83 by ($0.56). The company had revenue of $247.70 million for the quarter, compared to the consensus estimate of $244.93 million. eHealth had a negative return on equity of 5.54% and a negative net margin of 6.23%. eHealth’s quarterly revenue was up 26.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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

Shares of NASDAQ EHTH opened at $4.72 on Monday. The stock has a fifty day moving average price of $5.49 and a two-hundred day moving average price of $6.92. The firm has a market cap of $137.45 million, a P/E ratio of -1.82 and a beta of 0.49. 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 1 year low of $4.28 and a 1 year high of $10.31.

Wall Street Analysts Forecast Growth

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