Gohealth Inc reports results for the quarter ended September 30 - Earnings Summary

GoHealth

08/11/2024 16:31

* Gohealth Inc  GOCO.OQ  reported quarterly adjusted
earnings of
46 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of $-2.61.  The mean expectation of four analysts for the
quarter was for a loss of $3.19 per share. Wall Street expected
results to range from $-3.91 to $-2.69 per share.
    * Revenue fell 10.4% to $118.29 million from a year ago;
analysts
expected $106.92 million. 
    * Gohealth Inc's reported EPS for the quarter was 46 cents​.
    * The company reported quarterly net income of $6.78
million.
    * Gohealth Inc shares had risen by 25.6% this quarter and
lost 11.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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
18.00 
This summary was machine generated from LSEG data November 8 at
04:31 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
 Sep. 30 2024      -3.19          0.46           Beat
 Jun. 30 2024      -2.47          -2.70          Missed
 Mar. 31 2024      -0.95          -1.04          Missed
 Dec. 31 2023      2.73           -0.22          Missed