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

Neuehealth

07/08/2024 16:42

* NeueHealth Inc  NEUE.N  reported a quarterly adjusted loss
of
$7.27​​ per share for the quarter ended in January, lower than
the same quarter last year, when the company reported EPS of
$-3.98.  The mean expectation of two analysts for the quarter
was for a loss of $3.26 per share. 
    * Revenue fell 69.8% to $225.99 million from a year ago;
analysts
expected $252.48 million. 
    * NeueHealth Inc's reported EPS for the quarter was a loss
of
$8.65​.
    * NeueHealth Inc shares had fallen by 1.7% this quarter and
lost 29.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 45.4%
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," 1
"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 August 7 at
03:42 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
 Jun. 30 2024      -3.26          -7.27          Missed
 Mar. 31 2024      -5.30          -7.54          Missed
 Dec. 31 2023      -4.16          20.05          Beat
 Sep. 30 2023      -4.36          -8.53          Missed