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 EPS of $-0.20 on revenue of $804.04M.
Clover Health Investments 's are up 6% and is trading at $1.38 , 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% to trade at $1.38 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, 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, for EPS of $2.52 on revenue of $23.46B.
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