Bright Health Group (BHG) Tops Q4 EPS by 15c

Bright Health Group (NYSE: BHG) reported Q4 EPS of ($0.34), $0.15 better than the analyst estimate of ($0.49). Revenue for the quarter came in at $551.4 billion, versus $380.2 billion reported last year.

GUIDANCE:

Bright Health Group sees FY2023 revenue of $2.9-3.1 billion, versus the consensus of $3.2 billion.

• On a segment basis, Bright HealthCare Revenue is expected to be greater than $1.8 billion, while Consumer Care Revenue is expected to be between $1.1 billion and $1.3 billion.
• Enterprise Adjusted Operating Cost Ratio is expected to be between 13% and 14%†
• Bright Health Group expects to be Adjusted EBITDA profitable in 2023†

For earnings history and earnings-related data on Bright Health Group (BHG) click here.

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