eHealth Q4 2023 Adj EPS $1.27 May Not Compare To $1.84 Estimate, Sales $247.70M Beat $244.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
eHealth reported its Q4 2023 adjusted earnings per share (EPS) at $1.27, which did not meet the estimated $1.84. However, their sales of $247.70M exceeded the expected $244.90M.
February 27, 2024 | 12:33 pm
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eHealth's Q4 2023 earnings report showed a mixed performance with an adjusted EPS of $1.27, missing the $1.84 estimate, but sales exceeded expectations at $247.70M.
The mixed results from eHealth's Q4 2023 earnings report, with a miss on the EPS estimate but a beat on sales, could lead to uncertain short-term stock price movements. The miss in EPS might concern investors about profitability, while the higher sales could indicate strong demand for eHealth's services. This combination of factors makes the short-term impact neutral as investors digest both aspects of the report.
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