eHealth (EHTH) Q4 Revenue Tops Views

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FBR Capital Reiterates Outperform as eHealth's (EHTH) 4Q Results Beat Estimates

February 24, 2016 8:46 AM EST

FBR Capital maintained an Outperform rating on eHealth (NASDAQ: EHTH), and cut the price target to $17.00 (from $18.00), following the company's 4Q earnings report. Revenue was about $50 million, coming in ahead of FBR's estimated $40 million. Adjusted loss per share was $0.56, beating FBR's loss per share estimate of $0.30. The company continues to pivot toward Medicare. While the IFP business performed better than expected, Medicare... More