HMS Holdings: Q3 Earnings Insights

Shares of HMS Holdings HMSY were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share increased 25.00% year over year to $0.30, which were in line with the estimate of $0.30.

Revenue of $165,236,000 up by 12.55% year over year, which missed the estimate of $171,790,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

The upcoming fiscal year's revenue expected to be between $680,000,000 and $690,000,000.

How To Listen To The Conference Call

Date: Nov 06, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/ox9wrgu8

Technicals

Company's 52-week high was at $33.42

Company's 52-week low was at $18.20

Price action over last quarter: down 18.36%

Company Overview

HMS Holdings Corp is a United States-based holding company that conducts businesses through its operating subsidiaries. The company offers services that help customers contain healthcare insurance benefit costs. Its primary offerings comprise coordination of benefits, payment integrity, and eligibility verification. The coordination of benefits service ensures the right party pays a health claim. The payment integrity service ensures the billing and/or payment is accurate and appropriate. The eligibility verification service ensures individuals meet qualifying criteria for healthcare programs. The company's customers include Medicaid agencies, government health agencies, health plans, government and private employers, and others. The company operates only within the United States.