GoHealth (NASDAQ:GOCO) Posts Quarterly Earnings Results, Misses Estimates By $0.05 EPS

GoHealth (NASDAQ:GOCO - Get Free Report) released its quarterly earnings results on Thursday. The company reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.84) by ($0.05), Zacks reports. GoHealth had a negative net margin of 8.61% and a negative return on equity of 9.29%. The firm had revenue of $185.60 million for the quarter, compared to analyst estimates of $184.00 million. During the same quarter in the prior year, the business posted ($1.12) EPS.

GoHealth Stock Down 4.4 %

GOCO traded down $0.41 on Friday, reaching $9.01. The stock had a trading volume of 25,558 shares, compared to its average volume of 14,042. The business's 50-day moving average price is $10.75 and its two-hundred day moving average price is $12.42. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.54. GoHealth has a 12-month low of $8.80 and a 12-month high of $22.85.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada cut their price objective on shares of GoHealth from $20.00 to $13.00 and set a "sector perform" rating for the company in a report on Wednesday, March 20th.

About GoHealth

GoHealth, Inc operates as a health insurance marketplace and Medicare-focused digital health company in the United States. The company operates a technology platform that leverages machine-learning algorithms of insurance behavioral data to optimize the process for helping individuals find the health insurance plan for their specific needs.