Ehealth Inc is a digital health insurance platform that connects consumers with a wide range of health insurance plans, including individual, family, and Medicare coverage options
Through its online marketplace, the company offers users tools and resources to compare various plans, understand their benefits, and find the right insurance solution for their healthcare needs. Ehealth also provides support and guidance from licensed insurance agents to help consumers navigate the complexities of health insurance, making the process more accessible and streamlined for individuals seeking appropriate coverage.
Online health insurance comparison site eHealth (NASDAQEHTH) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 27.3% year on year to $315.2 million. The company expects the full year’s revenue to be around $530 million, close to analysts’ estimates. Its GAAP profit of $2.51 per share was 10.8% above analysts’ consensus estimates.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the online marketplace stocks, including MercadoLibre (NASDAQMELI) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the online marketplace industry, including eHealth (NASDAQEHTH) and its peers.
The past six months have been a windfall for eHealth’s shareholders. The company’s stock price has jumped 133%, hitting $10.04 per share. This run-up might have investors contemplating their next move.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how online marketplace stocks fared in Q3, starting with Teladoc (NYSETDOC).
Online health insurance comparison site eHealth (NASDAQEHTH) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 9.7% year on year to $58.41 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $482.5 million at the midpoint. Its GAAP loss of $1.83 per share was 20.3% below analysts’ consensus estimates.
Online health insurance comparison site eHealth (NASDAQEHTH) will be announcing earnings results tomorrow before market open. Here’s what investors should know.
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling over 50 points on Friday The Dow traded up 0.05% to 38,069.66 while the NASDAQ fell 0.4% to 15,447.78. The S&P 500 also fell, dropping, 0.15% to 4,886.79.
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining over 100 points on Friday. The Dow traded up 0.32% to 38,170.95 while the NASDAQ rose 0.10% to 15,525.24. The S&P 500 also rose, gaining, 0.19% to 4,903.28.
Shares of Intel Corporation (NASDAQINTC) fell sharply during Friday’s session. Intel reported upbeat results for its fourth quarter, but issued a weak forecast for the first quarter.
