Evolent Health Inc reports results for the quarter ended in December - Earnings Summary

Evolent Health

22/02/2023 23:32

* Evolent Health Inc  EVH.N  reported quarterly adjusted
earnings
of 10 cents​​ per share for the quarter ended in December. The
mean expectation of nine analysts for the quarter was
for earnings of 16 cents per share.
    * Revenue rose 54% to $382.43 million from a year ago;
analysts
expected $372.93 million. 
    * Evolent Health Inc's reported EPS for the quarter was a
loss
of 11 cents​.
    * The mean earnings estimate of analysts had risen by
about 6.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Evolent Health Inc shares had risen by 14.0% this quarter.
    * The company reported a quarterly loss of $11.35 million.
    * Wall Street's median 12-month price target for Evolent
Health
Inc is $46.00 
    * 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." 

This summary was machine generated from Refinitiv data February
22 at 11:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.16           0.10           Missed
 Sep. 30 2022      0.12           0.59           Beat
 Jun. 30 2022      0.05           0.10           Beat
 Mar. 31 2022      0.00           0.12           Beat