Clover Health Investments Corp reports results for the quarter ended June 30 - Earnings Summary
05/08/2025 22:44
Clover Health Investments Corp CLOV.OQ reported a quarterly adjusted loss of 2 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of four analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -4 cents to -1 cents per share. Revenue rose 34.1% to $477.62 million from a year ago; analysts expected $468.30 million. Clover Health Investments Corp's reported EPS for the quarter was a loss of 2 cents. The company reported a quarterly loss of $10.58 million. Clover Health Investments Corp shares had risen by 3.2% this quarter and lost 8.6% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 106.3% in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the managed healthcare peer group is "buy." Wall Street's median 12-month price target for Clover Health Investments Corp is $4.50, about 36% above its last closing price of $2.88 This summary was machine generated from LSEG data August 5 at 09:43 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | -0.03 | -0.02 | Beat |
| Mar. 31 2025 | -0.06 | 0.00 | Beat |
| Dec. 31 2024 | -0.06 | -0.04 | Beat |
| Sep. 30 2024 | -0.04 | -0.02 | Beat |
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