eHealth Earnings: Here’s Why Investors are Excited Now

eHealth, Inc. (NASDAQ:EHTH) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

eHealth, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 70% to $0.17 in the quarter versus EPS of $0.10 in the year-earlier quarter.

Revenue: Rose 16.53% to $43.21 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: eHealth, Inc. reported adjusted EPS income of $0.17 per share. By that measure, the company beat the mean analyst estimate of $0.1. It beat the average revenue estimate of $41.54 million.

Quoting Management: Gary Lauer, chief executive officer of eHealth, stated, “We are pleased with our first quarter performance highlighted by revenue growth of 17%, the second consecutive quarter of commission revenue growth in our Individual & Family plan business, and meaningful Medicare business revenue contribution.”

Key Stats (on next page)…

Revenue decreased 4.63% from $45.31 million in the previous quarter. EPS increased 54.55% from $0.11 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.12 to a profit $0.1. For the current year, the average estimate has moved down from a profit of $0.48 to a profit of $0.4 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

More Articles About:   , , ,  

More from The Cheat Sheet