eHealth (EHTH) Q4 Earnings Miss on Higher Operating Costs
eHealth(EHTH) Zacks Investment Research·2024-03-01 02:46
eHealth, Inc. (EHTH) reported a fourth-quarter 2023 adjusted earnings of $1.61 per share, missing the Zacks Consensus Estimate by 17%. The bottom line, however, jumped from the prior-year quarter’s earnings of $1.14 per share.The top line increased 26% year over year to $247.7 million. The figure beat the consensus mark by 1.3%.The lower-than-expected earnings were caused by higher operating costs and expenses and weaker performance in Employer and Individual businesses. The negatives were partially offset ...