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

Evolent Health

02/08/2023 23:32

* Evolent Health Inc  EVH.N  reported quarterly adjusted
earnings
of 14 cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for earnings of
11 cents per share.
    * Revenue rose 46.6% to $469.14 million from a year ago;
analysts
expected $460.70 million. 
    * Evolent Health Inc's reported EPS for the quarter was a
loss
of 37 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Evolent Health Inc shares had risen by 0.3% this
quarter and
gained 8.3% so far this year.
    * The company reported a quarterly loss of $41.41 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 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 10:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.11           0.14           Beat
 Mar. 31 2023      0.20           0.21           Beat
 Dec. 31 2022      0.16           0.10           Missed
 Sep. 30 2022      0.12           0.59           Beat