Downgrade: Here's How Analysts See Clover Health Investments, Corp. (NASDAQ:CLOV) Performing In The Near Term [Yahoo! Finance]
Clover Health Investments, Corp. - Class A Common stock (CLOV)
Company Research
Source: Yahoo! Finance
NASDAQ:CLOV ), with the analysts making across-the-board cuts to their statutory estimates that might leave shareholders a little shell-shocked. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting analysts have soured majorly on the business. Following the latest downgrade, the three analysts covering Clover Health Investments provided consensus estimates of US$1.3b revenue in 2024, which would reflect a painful 37% decline on its sales over the past 12 months. The loss per share is anticipated to greatly reduce in the near future, narrowing 46% to US$0.23. Yet before this consensus update, the analysts had been forecasting revenues of US$1.5b and losses of US$0.17 per share in 2024. Ergo, there's been a clear change in sentiment, with the analysts administering a notable cut to this year's revenue estimates, while at the same time increasing their loss per share forecasts. View our latest analysis for Clover Health Investments Looking at the big
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High impacting Clover Health Investments, Corp. - Class A Common stock news events
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CLOV
News
- Clover Health to Report First Quarter 2024 Financial Results on May 7, 2024GlobeNewswire
- Clover Health Appoints Healthcare Technology Veteran Peter Kuipers as Chief Financial OfficerGlobeNewswire
- We Think Clover Health Investments (NASDAQ:CLOV) Needs To Drive Business Growth Carefully [Yahoo! Finance]Yahoo! Finance
- Clover Health Provides Notice Associated with Previously Disclosed Settlement of Shareholder Derivative Actions [Yahoo! Finance]Yahoo! Finance
- Clover Health Provides Notice Associated with Previously Disclosed Settlement of Shareholder Derivative ActionsGlobeNewswire
CLOV
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- CLOV's page on the SEC website