Evolent Health Inc expected to post earnings of 16cents a share - Earnings Preview

Evolent Health

20/02/2023 23:29

* Evolent Health Inc  EVH.N   EVH  is expected to show a
rise in
quarterly revenue when it reports  results on February 22. 
    * The Arlington Virginia-based  company is expected to
report  a
50.2% increase in revenue to $372.929 million from $248.36
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. The company's guidance on
November 2 2022, for the period ended December 31, was for
revenue between $361.00 million and $381.00 million.
    * ​Refinitiv's mean analyst estimate for Evolent Health Inc
is for
earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Evolent
Health
Inc is $46​, above​ its last closing price of $33.05. ​​​

The company's guidance on November 2 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD361 million and
USD29 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.13        0.12       0.59      Beat    397.6
 Jun. 30 2022  0.05        0.05       0.10      Beat    105.9
 Mar. 31 2022  0.00        0.00       0.12      Beat    6,100​
 Dec. 31 2021  0.00        0.01       0.08      Beat    860.4
 ​​Sep.        -0.02       -0.03      -0.03     Met     8.7
 30 2021                                                
 Jun. 30 2021  -0.03       -0.04      -0.02     Beat    44.4​
 Mar. 31 2021  -0.05       -0.06      -0.01     Beat    84.6
 Dec. 31 2020  -0.05       -0.05      -0.01     Beat    78.4
 This summary was machine generated February 20 at 23:29 GMT. 
All figures in US dollars  unless otherwise stated