Sharecare (SHCR) Scheduled to Post Quarterly Earnings on Thursday

Sharecare (NASDAQ:SHCR) is scheduled to announce its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Sharecare (NASDAQ:SHCR) last released its quarterly earnings data on Thursday, March 28th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). The company had revenue of $105.28 million for the quarter, compared to analyst estimates of $113.88 million. Sharecare had a negative return on equity of 17.11% and a negative net margin of 28.86%. On average, analysts expect Sharecare to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sharecare Stock Performance

NASDAQ SHCR opened at $0.73 on Wednesday. Sharecare has a fifty-two week low of $0.48 and a fifty-two week high of $1.80. The stock’s fifty day moving average is $0.81 and its two-hundred day moving average is $0.95. The firm has a market capitalization of $262.92 million, a P/E ratio of -1.96 and a beta of 0.26.

Analysts Set New Price Targets

Several brokerages have recently commented on SHCR. BTIG Research lowered Sharecare from a “buy” rating to a “neutral” rating in a research note on Monday, April 1st. Morgan Stanley reduced their price objective on shares of Sharecare from $1.50 to $1.00 and set an “equal weight” rating for the company in a research report on Monday, April 15th.

About Sharecare

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.