Market Overview

eHealth: Q3 Earnings Insights

Share:

Shares of eHealth (NASDAQ:EHTH) moved lower by 15% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 16.28% year over year to ($0.36), which beat the estimate of ($0.58).

Revenue of $94,284,000 up by 34.86% from the same period last year, which beat the estimate of $87,350,000.

Looking Ahead

eHealth Reaffirms FY20 Guidance: Sees Adj. EPS $3.83-$4.32 vs $4.22 Est., Sales $630M-$670M vs $653.73M Est.

eHealth hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Oct 22, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/ud62gix3

Recent Stock Performance

52-week high: $152.19

Company's 52-week low was at $57.15

Price action over last quarter: Up 3.59%

Company Description

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