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

Neuehealth

07/11/2024 14:42

* NeueHealth Inc  NEUE.N  reported a quarterly adjusted loss
of
$3.92​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of $-8.53.  The mean expectation of three analysts for the
quarter was for a loss of $3.10 per share. Wall Street expected
results to range from $-3.47 to $-2.73 per share.
    * Revenue fell 13.5% to $232.93 million from a year ago;
analysts
expected $234.89 million. 
    * NeueHealth Inc's reported EPS for the quarter was a loss
of
$8.51​.
    * NeueHealth Inc shares had fallen by 5.4% this quarter and
lost 35.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.7%
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 November 7 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
 Sep. 30 2024      -3.10          -3.92          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