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

Neuehealth

06/03/2024 14:42

* NeueHealth Inc  NEUE.N  reported quarterly adjusted
earnings of
$20.05​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of $-27.20.  The mean expectation of two analysts for the
quarter was for a loss of $4.16 per share. 
    * Revenue fell 46.9% to $292.87 million from a year ago;
analysts
expected $283.44 million. 
    * NeueHealth Inc's reported EPS for the quarter was $30.46​.
    * The company reported a quarterly loss of $242.33 million.
    * NeueHealth Inc shares had risen by 12.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the life & health
insurance peer group is also "hold"

Wall Street's median 12-month price target for NeueHealth Inc is
$13.00 
This summary was machine generated from LSEG data March 6 at
02:41 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      -4.16          20.05          Beat
 Sep. 30 2023      -4.36          -8.53          Missed
 Jun. 30 2023      -5.45          -3.98          Beat
 Mar. 31 2023      -7.60          -14.40         Missed