eHealth (NASDAQ:EHTH) Issues Quarterly Earnings Results, Beats Estimates By $0.14 EPS

eHealth (NASDAQ:EHTH) announced its earnings results on Thursday, October 25th. The financial services provider reported ($0.22) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.36) by $0.14, Fidelity Earnings reports. eHealth had a negative return on equity of 17.79% and a negative net margin of 30.13%. The firm had revenue of $40.75 million during the quarter, compared to analysts’ expectations of $34.10 million. eHealth updated its FY 2018 guidance to $0.69-0.95 EPS.

NASDAQ EHTH traded down $0.76 on Friday, reaching $34.78. 222,482 shares of the stock traded hands, compared to its average volume of 313,917. The firm has a market cap of $679.81 million, a PE ratio of -27.17 and a beta of 0.68. eHealth has a 12 month low of $13.61 and a 12 month high of $36.57.

A number of research firms recently issued reports on EHTH. ValuEngine upgraded eHealth from a “hold” rating to a “buy” rating in a report on Thursday, October 4th. BidaskClub cut eHealth from a “buy” rating to a “hold” rating in a report on Thursday, September 13th. Cantor Fitzgerald restated a “buy” rating and set a $39.00 price objective on shares of eHealth in a report on Thursday, October 25th. Finally, Zacks Investment Research cut eHealth from a “hold” rating to a “sell” rating in a report on Wednesday, August 1st. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $36.25.

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eHealth Company Profile

eHealth, Inc provides private online health insurance exchange services to individuals, families, and small businesses in the United States and China. The company operates through two segments, Medicare; and Individual, Family and Small Business. Its e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare, and purchase a range of health insurance plans.

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Earnings History for eHealth (NASDAQ:EHTH)

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