Investing.com - Clover Health Investments reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Clover Health Investments announced earnings per share of $-0.16 on revenue of $856.8M. Analysts polled by Investing.com anticipated EPS of $-0.20 on revenue of $804.04M.
Clover Health Investments shares are up 6% from the beginning of the year , still down 83.35% from its 52 week high of $8.17 set on Monday, November 8, 2021.
Clover Health Investments shares gained 1.47% in after-hours trade the report.
Clover Health Investments follows other major Healthcare sector earnings this month
Clover Health Investments's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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