eHealth (EHTH) Releases Earnings Results, Misses Expectations By $-0.02 EPS

eHealth (EHTH) reported quarterly earnings results on Thursday, Jul-28-2016. The company reported $0.09 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.11. The company posted revenue of $37.28 million in the period, compared to analysts expectations of $37.96 million. The company’s revenue was down -6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 EPS.

eHealth opened for trading at $13.46 and hit $14.32 on the upside on Thursday, eventually ending the session at $14.04, with a gain of 3.77% or 0.51 points. The heightened volatility saw the trading volume jump to 5,53,587 shares. Company has a market cap of $256 M.

In a different news, on Dec 4, 2015, Stuart Huizinga (Sr. VP & CFO) sold 24,999 shares at $12.22 per share price. According to the SEC, on Jun 4, 2015, Gary L Lauer (Chr. of the Board and CEO) sold 99,999 shares at $12.59 per share price. On May 1, 2015, Scott N Flanders (director) sold 6,076 shares at $12.88 per share price, according to the Form-4 filing with the securities and exchange commission.

eHealth Inc. offers an online source of health insurance for individuals families and small businesses. The Company offers a private health insurance exchange where individuals families and small businesses can compare health insurance products from various insurers and purchase and enroll in coverage online. It offers a range of individual family and small business health plans underwritten by the health insurance companies through its Website addresses and and customer care centers. Its e-commerce technology delivers consumers’ health insurance applications electronically to health insurance carriers. The plans it offers preferred provider organization health maintenance organization and indemnity plans Medicare related health insurance plans short-term medical insurance student health insurance and dental and vision insurance among others.


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