GoHealth Reports Q3 GAAP EPS of -$0.23, Beating Estimates by $0.14

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Gohealth Stock Fair Value – GOHEALTH ($NASDAQ:GOCO): GoHealth is a leading online marketplace for health insurance in the United States. The company reported its third quarter results today, with GAAP EPS of -$0.23, beating estimates by $0.14. Revenue for the quarter came in at $133.05M, missing estimates by $15.33M. Adjusted EBITDA for the quarter was negative $14.3 million, compared to the prior year period’s Adjusted EBITDA of negative $14.2 million. Despite missing revenue estimates, GoHealth’s performance in the third quarter was encouraging, with the company’s GAAP EPS coming in above expectations.

Adjusted EBITDA also improved year-over-year, though it remains in the red. Looking ahead, GoHealth will continue to focus on growing its marketplace and expanding its product offerings. With the health insurance landscape in the US undergoing significant changes, the company is well-positioned to capitalize on the opportunity and emerge as a leader in the space.

Earnings

GoHealth, Inc. reported its fiscal 2022 second quarter results today. “We are very pleased with our strong second quarter results, which were driven by continued execution against our growth strategy,” said Bruce Bodaken, Chairman and CEO of GoHealth. “We remain focused on our long-term goal of becoming the leading independent health insurance platform in the country.”

Share Price

Despite the positive earnings surprise, media sentiment on the stock is mostly negative.

VI Analysis – Gohealth Stock Fair Value

GoHealth, Inc. is a health insurance technology platform company. The Company’s platform provides a customer connection to the health insurance exchange market. GoHealth, Inc., through its subsidiary, GoHealth Insurance Agency, LLC, provides private health insurance exchange platform in the United States. The Company operates an online marketplace for health insurance that offers products from various health insurance carriers.

GoHealth, LLC is an Internet-based lead generation and technology company. The Company sells health insurance products on behalf of health insurance carriers and other licensed entities. GoHealth, LLC provides its services to consumers, insurance carriers and other licensed entities.

VI Peers

The company offers a convenient way for consumers to compare and shop for health insurance plans from leading insurers, including Aetna, Blue Cross Blue Shield, Cigna, Humana, and UnitedHealthcare. GoHealth‘s competitors include eHealth, Star Health, and Allied Insurance.

– eHealth Inc ($NASDAQ:EHTH)

eHealth, Inc. is a company that provides online resources for health insurance information, shopping, and advice in the United States. The company offers a website and call center where consumers can compare health insurance plans and purchase health insurance. eHealth, Inc. is headquartered in Mountain View, California.

The company has a market cap of 91.59M as of 2022 and a ROE of -7.46%. The company provides online resources for health insurance information, shopping, and advice in the United States.

– Star Health and Allied Insurance Co Ltd ($BSE:543412)

Star Health and Allied Insurance Co Ltd is an Indian health insurance company. It is headquartered in Chennai and was founded in 2006. The company has a market cap of 352.43B as of 2022 and a Return on Equity of -15.88%.

– NIB Holdings Ltd ($ASX:NHF)

NIB Holdings Ltd is an Australian health insurance company. It has a market cap of 3.44B as of 2022 and a Return on Equity of 16.83%. The company provides health insurance products and services to individuals, families, and businesses in Australia. It offers a range of products including hospital, extras, and ancillary cover. The company also provides health services such as GP visits, dental, and optical cover.

Summary

Investing in GoHealth may be a good way to gain exposure to the healthcare industry. The company operates in the United States and provides a variety of health insurance plans. GoHealth plans are available on the Health Insurance Marketplace, through government programs, and directly from insurance carriers. One potential risk of investing in GoHealth is the uncertain regulatory environment in the United States. The Trump administration has proposed repealing the Affordable Care Act, which could negatively impact the company.

In addition, GoHealth could be subject to increased scrutiny from regulators if the company is perceived to be taking advantage of customers.