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

GoHealth

14/03/2024 13:32

* Gohealth Inc  GOCO.OQ  reported a quarterly adjusted loss
of 22
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of
$-7.00.  The mean expectation of three analysts for the quarter
was for earnings of $2.73 per share. Wall Street expected
results to range from $2.61  to $2.84 per share.
    * Revenue fell 17.6% to $276.70 million from a year ago;
analysts
expected $363.88 million. 
    * Gohealth Inc's reported EPS for the quarter was a loss
of 22
cents​.
    * The company reported a quarterly loss of $1.23 million.
    * Gohealth Inc shares had fallen by 2.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the multiline
insurance
& brokers peer group is also "buy"

Wall Street's median 12-month price target for Gohealth Inc is
$21.00 
This summary was machine generated from LSEG data March 14 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      2.73           -0.22          Missed
 Sep. 30 2023      -2.90          -2.61          Beat
 Jun. 30 2023      -2.92          -3.27          Missed
 Mar. 31 2023      -1.96          -1.12          Beat