Clover Health Investments Q2 EPS $0.01 Beats $(0.05) Estimate, Sales $356.26M Beat $338.76M Estimate
Portfolio Pulse from Benzinga Newsdesk
Clover Health Investments reported Q2 earnings per share (EPS) of $0.01, surpassing the estimated loss of $(0.05). The company also reported sales of $356.26 million, exceeding the expected $338.76 million.
August 05, 2024 | 8:09 pm
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Clover Health Investments reported better-than-expected Q2 earnings and sales, with EPS of $0.01 beating the $(0.05) estimate and sales of $356.26 million surpassing the $338.76 million estimate.
The better-than-expected earnings and sales figures are likely to positively impact Clover Health Investments' stock price in the short term. Investors often react favorably to companies that exceed earnings and revenue expectations.
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IMPORTANCE 90
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