Clover Health Investments CLOV reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Clover Health Investments beat estimated earnings by 16.67%, reporting an EPS of $-0.15 versus an estimate of $-0.18.
Revenue was down $346.60 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 14.77% drop in the share price the next day.
Here's a look at Clover Health Investments's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -0.25 | -0.24 | -0.21 | -0.25 |
EPS Actual | -0.22 | -0.16 | -0.22 | -0.16 |
Revenue Estimate | 785.38M | 799.46M | 814.62M | 787.34M |
Revenue Actual | 898.79M | 856.82M | 846.70M | 874.38M |
To track all earnings releases for Clover Health Investments visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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