Gohealth Inc reports results for the quarter ended June 30 - Earnings Summary

• Gohealth Inc GOCO.OQ reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-2.70. The mean expectation of six analysts for the quarter was for a loss of $2.58 per share. Wall Street expected results to range from $-3.32 to $-1.76 per share.

• Revenue fell 11.2% to $94.05 million from a year ago; analysts expected $114.51 million.

• Gohealth Inc's reported EPS for the quarter was a loss of $5.10​.

• The company reported a quarterly loss of $54.28 million.

• Gohealth Inc shares had risen by 13.7% this quarter and lost 52.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 53.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the multiline insurance & brokers peer group is also "buy"

• Wall Street's median 12-month price target for Gohealth Inc is $23.00, about 72.6% above its last closing price of $6.31

This summary was machine generated from LSEG data August 7 at 05:21 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)