HMS Reports Second Quarter 2020 Financial Results
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Go back to HMS Reports Second Quarter 2020 Financial Results
August 7, 2020 12:32 PM EDT
Cantor Fitzgerald analyst Steven Halper raised the price target on HMS Holdings (NASDAQ: HMSY) to $35.00 (from $33.00) while maintaining an Overweight rating.
The analyst commented, "Before the market open on Friday, August 7, the company reported 2Q20 results. Revenue was below our estimates and FactSet... More
August 7, 2020 6:10 AM EDT
HMS Holdings Corp. (NASDAQ: HMSY) reported Q2 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $142.7 million versus the consensus estimate of $154.3 million.
2Q'20 Total Revenue of $142.7 Million, (-15.2%) vs. 2Q'19; YTD'20 Total Revenue -0.7% vs. YTD'19 2Q'20 Net income of $6.6 Million vs. $29.1 Million in 2Q'19; YTD'20 Net Income -60.4% vs. YTD'192Q'20 GAAP EPS of $0.07 Per Diluted Share vs. $0.33 per Diluted Share in 2Q'192Q'20 Adjusted EPS of $0.19 Per Diluted Share vs. $0.34 per Diluted Share in 2Q'19 (excluding 2Q 2019 Reserve Release...
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