Bright Health Group Q3 EPS From Cont. Ops. $(72.52) Vs. $(20.41) Last Year, Sales $269.40M Miss $284.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bright Health Group reported Q3 earnings per share (EPS) from continuing operations of $(72.52), a significant drop from $(20.41) last year. The company's sales of $269.40M also missed the estimated $284.41M.
November 07, 2023 | 11:50 am
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Bright Health Group's Q3 earnings and sales missed estimates, which could negatively impact the stock price in the short term.
Bright Health Group's Q3 earnings per share from continuing operations significantly dropped compared to last year, and the company's sales also missed the estimated figure. This underperformance could lead to a decrease in the stock price in the short term as it may shake investor confidence in the company's profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100