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 for the quarter, missing the consensus estimate of ($0.04) by ($0.04), Zacks reports. The firm had revenue of $90.86 million for the quarter, compared to analyst estimates of $103.80 million. Sharecare had a negative return on equity of 17.11% and a negative net margin of 28.86%. During the same period in the previous year, the business posted ($0.06) EPS.

Sharecare Trading Up 12.9 %

Shares of SHCR traded up $0.09 on Friday, reaching $0.77. 3,980,800 shares of the company’s stock were exchanged, 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 has a 50 day moving average price of $0.80 and a two-hundred day moving average price of $0.95.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Report 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.

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Earnings History for Sharecare (NASDAQ:SHCR)

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