eHealth ails after results, outlook

eHealth

01/03/2022 16:22

** eHealth  EHTH.O  shares down 24.77% at $11.69; on track for
biggest one-day pct decline since Jan 29
    ** The health insurance marketplace provider reported Q4
non-GAAP EPS of 49 cents, vs 94 cents per share estimate, per
Refinitiv data; revenue of $243.51 mln also short of $251.76 mln
est  urn:newsml:reuters.com:*:nASA032UN
    ** EHTH also forecast FY2022 revenue between $448 mln to
$470 mln, below Street estimate of $591.53 mln 
    ** EHTH shares touched intraday low of $10.27, its lowest
level since Dec 14, 2016
    ** Wall Street median price target for EHTH is $32, down
from $37.50 on Dec. 1
    ** With decline on the session, shares have lost ~54% in
2022 and ~80% in past year 
    
     







 (Reporting by Chuck Mikolajczak)
 ((charles.mikolajczak@tr.com; @ChuckMik;))