Market Overview

Recap: eHealth Q2 Earnings

Share:

Shares of eHealth (NASDAQ:EHTH) fell 13.4% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 30.00% year over year to $0.07, which missed the estimate of $0.21.

Revenue of $88,766,000 rose by 34.97% from the same period last year, which beat the estimate of $23,270,000.

Outlook

The upcoming fiscal year's EPS expected to be between $3.83 and $4.32.

The upcoming fiscal year's revenue expected to be between $630,000,000 and $670,000,000.

Details Of The Call

Date: Jul 23, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/vwjdir6y

Price Action

52-week high: $152.19

Company's 52-week low was at $52.71

Price action over last quarter: Up 4.29%

Company Overview

EHealth offers a private health insurance exchange where individuals and small businesses can compare health insurance products from leading insurers. Users can purchase the insurance online. The exchange includes Medicare options, and seniors can enroll in those plans online or via phone. The company primarily generates revenue through commissions it receives from health insurance carriers. EHealth has relationships with the leading health insurance carriers in the United States and offers thousands of plans online. All of the company's revenue is from the United States.

 

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Posted-In: Earnings