Evolent Health Inc expected to post earnings of 20  cents a share - Earnings Preview

Evolent Health

02/05/2023 03:03

* Evolent Health Inc  EVH.N   EVH  is expected to show a
rise in
quarterly revenue when it reports  results on May 3. 
    * The Arlington Virginia-based  company is expected to
report  a
46.2% increase in revenue to $434.338 million from $297.06
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. The company's guidance on
February 22 2023, for the period ended March 31, was for revenue
between $420.00 million and $440.00 million.
    * ​Refinitiv's mean analyst estimate for Evolent Health Inc
is for
earnings of 20 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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 $36.44. ​​​

The company's guidance on February 22 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD420 million and USD50 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  
 Dec. 31 2022  0.20        0.16       0.10      Missed  -39.1
 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.        0.00        0.01       0.08      Beat    860.4
 31 2021                                                
 Sep. 30 2021  -0.02       -0.03      -0.03     Met     8.7​
 Jun. 30 2021  -0.03       -0.04      -0.02     Beat    44.4
 Mar. 31 2021  -0.05       -0.06      -0.01     Beat    84.6
 This summary was machine generated May 2 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated