Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For Clover Health Investments Corp ($CLOV)

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The third quarter financial results of Clover Health Investments Corp (NASDAQ: CLOV) will be revealed on Wednesday 6th November 2024. The big news will come out after market close, so investors can learn more about how the company is doing financially.

Financial analysts on Wall Street are predicting that the firm is expected to report an estimated per share $0.04 loss for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $346.28 million during this period.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $1.39 billion. At the same time, they are expecting the company to achieve per share loss of $0.14 for the fiscal year ahead.

During the same quarter of the previous year, the company's earnings report indicated a per-share loss of $0.09. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $482.07 million during that specific period.

 

The business has scheduled a conference call on 6th November 2024 at 05:00 PM eastern time to discuss Q3 financial results.

During Friday's trading, Clover Health Investments Corp (CLOV) shares reached a low of $4.12 and a high of $4.30, along with a total volume of 7.04 million shares. The stock ended the regular trading session at $4.20, indicating an upturn of 1.94 percent.