Benefitfocus: Q4 Earnings Insights

Benefitfocus BNFT reported its Q4 earnings results on Tuesday, March 1, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Benefitfocus beat estimated earnings by 242.86%, reporting an EPS of $0.24 versus an estimate of $0.07.

Revenue was up $1.13 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 0.36% drop in the share price the next day.

Here's a look at Benefitfocus's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	-0.23	-0.14	-0.11	0.05
EPS Actual	-0.19	-0.18	0.01	0.18
Revenue Estimate	59.04M	59.16M	60.25M	74.83M
Revenue Actual	62.03M	60.90M	65.06M	76.23M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Benefitfocus management provided guidance for their next quarter, expecting earnings between $-0.15 and $-0.09 per share for the next quarter.

This represents a -150.0% in quarter-over-quarter growth for Benefitfocus, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.