Clover Health Investments (CLOV) to Release Earnings on Wednesday

Clover Health Investments (NASDAQ:CLOV) will release its earnings data after the market closes on Wednesday, November 6th. Analysts expect Clover Health Investments to post earnings of ($0.03) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Clover Health Investments (NASDAQ:CLOV) last announced its earnings results on Monday, August 5th. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.05. Clover Health Investments had a negative net margin of 7.30% and a negative return on equity of 36.55%. The firm had revenue of $356.26 million during the quarter, compared to analyst estimates of $338.70 million. During the same period in the prior year, the business earned ($0.06) EPS. On average, analysts expect Clover Health Investments to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Clover Health Investments Price Performance

CLOV opened at $4.33 on Tuesday. The business’s 50-day moving average price is $3.39 and its two-hundred day moving average price is $2.10. Clover Health Investments has a 1 year low of $0.61 and a 1 year high of $4.71.

Analysts Set New Price Targets

Separately, UBS Group started coverage on Clover Health Investments in a research note on Monday, October 7th. They issued a “neutral” rating and a $4.00 target price on the stock.

Clover Health Investments Company Profile

Clover Health Investments, Corp. provides medicare advantage plans in the United States. It operates through two segments: Insurance and Non-Insurance. It also offers Clover Assistant, a cloud-based software platform, that enables physicians to detect, identify, and manage chronic diseases earlier; and access to data-driven and personalized insights for the patients they treat.