Clover Health Investments (CLOV) Scheduled to Post Quarterly Earnings on Wednesday

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

Clover Health Investments (NASDAQ:CLOV) last released its quarterly earnings data on Monday, August 5th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $356.26 million for the quarter, compared to analyst estimates of $338.70 million. During the same quarter last year, the firm 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 Stock Up 3.1 %

Shares of NASDAQ:CLOV opened at $4.33 on Tuesday. The company has a 50 day moving average price of $3.39 and a two-hundred day moving average price of $2.10. Clover Health Investments has a 52 week low of $0.61 and a 52 week high of $4.71.

Analyst Upgrades and Downgrades

Separately, UBS Group assumed coverage on Clover Health Investments in a research note on Monday, October 7th. They set a “neutral” rating and a $4.00 price objective 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.