Evolent Health, Inc (NYSE:EVH) a health care delivery and payment solutions, is expected to report third quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.04 per share.
Looking ahead, the full year loss are expected at $ 0.28 per share on the revenues of $ 1016.31 million.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 258.00 million ~ $ 272.00 million
Full Year 2020 topline are forecasted in a range of$ 995.00 million ~ $ 1,035.00 million
Click Here For More Historical Outlooks Of Evolent Health, Inc
Previous Quarter Performance
Evolent Health, Inc reported loss for the second quarter of $ 0.03 per share, from the revenue of $ 238.63 million. The quarterly revenues expanded 24.21 percent compared with the same quarter last year. Street analysts expected Evolent Health, Inc to report loss of $ 0.10 per share on revenue of $ 241.03 million for the second quarter. The bottom line results beat street analysts by $ 0.07 or 70.00 percent, at the same time, top line results fell short of analysts by $ 2.4 million or 1 percent.
Stock Performance
Shares of Evolent Health, Inc traded low $ -0.01 or -0.09 percent on Wednesday, reaching $ 10.96 with volume of 661.90 thousand shares. Evolent Health, Inc has traded high as $ 11.23 and has cracked $ 10.84 on the downward trend
The closing price of $ 10.96, representing a 213.43 % increase from the 52 week low of $ 3.50 and a 24.34 % decrease over the 52 week high of $ 14.50.
The company has a market capital of $ 938.36 million and is part of the Technology sector and Health Information Services industry.
Conference Call
Evolent Health, Inc will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.evolenthealth.com
Evolent Health, Inc., through its subsidiary, Evolent Health LLC, provides health care delivery and payment solutions in the United States. The company operates through two segments, Services and True Health. The Services segment provides value-based care services that include Identifi, a proprietary technology system that aggregates and analyzes data, manages care workflows and engages patients; population health performance that delivers patient-centric cost effective care; delivery network alignments; and integrated cost and revenue management solutions.
