Sharecare (NASDAQ:SHCR) Issues Quarterly Earnings Results

Sharecare (NASDAQ:SHCRGet Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.04), Zacks reports. The company had revenue of $90.86 million during the quarter, compared to the consensus estimate of $103.80 million. Sharecare had a negative net margin of 28.86% and a negative return on equity of 17.11%. During the same period in the previous year, the business earned ($0.06) earnings per share.

Sharecare Trading Up 12.9 %

Shares of NASDAQ SHCR traded up $0.09 during midday trading on Friday, hitting $0.77. The company’s stock had a trading volume of 3,980,800 shares, compared to its average volume of 2,322,895. Sharecare has a 12-month low of $0.48 and a 12-month high of $1.80. The business’s 50 day moving average is $0.80 and its two-hundred day moving average is $0.95.

Analysts Set New Price Targets

A number of analysts recently issued reports on SHCR shares. Morgan Stanley lowered their price target on Sharecare from $1.50 to $1.00 and set an “equal weight” rating for the company in a research report on Monday, April 15th. BTIG Research lowered shares of Sharecare from a “buy” rating to a “neutral” rating in a report on Monday, April 1st.

Get Our Latest Analysis on SHCR

Sharecare Company Profile

(Get Free Report)

Sharecare, Inc operates as a digital healthcare platform company. Its Sharecare platform connects people, patients, providers, employers, health plans, government organizations, and communities that optimize individual and population-wide well-being. The company offers enterprise solutions based on a software-as-a-service model that allows enterprise clients to message, motivate, and manage their populations, as well as measure their population progress; a suite of data and information-driven solutions; and life sciences solutions, which provides members with personalized information, programs, and resources to improve their health and well-being.

Recommended Stories

Earnings History for Sharecare (NASDAQ:SHCR)

Receive News & Ratings for Sharecare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sharecare and related companies with MarketBeat.com's FREE daily email newsletter.