Sneak Preview of HMS Holdings Corp ($HMSY) 2Q20 Earnings

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HMS Holdings Corp (NASDAQ:HMSY) healthcare insurance services, is reporting second quarter earnings results on Friday 7th August 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 0.19 per share.

For the full year, analysts predict revenues of $ 694.11 million, while looking forward to income of $ 1.18 per share.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 690.00 million ~ $ 705.00 million

Click Here For More Historical Outlooks Of HMS Holdings Corp

Previous Quarter Performance

HMS Holdings Corp unwinded income for the first quarter of $ 0.32 per share, from the revenue of $ 171.41 million. The quarterly earnings decreased 8.57 percent while revenues grew 15.86 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.25 per share from $ 162.32 million in revenue. The bottom line results beat street analysts by $ 0.07 or 28.00 percent, at the same time, top line results outshined analysts by $ 9.09 million or 5.60 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of HMS Holdings Corp

Stock Performance

The company has a market capital of $ 2.81 billion and is part of the Industrials sector and Business Services industry.

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Recent Analyst recommendations

  • On 14th July 2020, initiated by Citigroup at Neutral rating, with $ 34.00 target price.
Conference Call

HMS Holdings Corp will be hosting a conference call at 8:30 AM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website investor.hms.com

HMS Holdings Corp., through its subsidiaries, provides cost containment solutions in the United States healthcare marketplace. The company offers coordination of benefits services to government and commercial healthcare payers to ensure that the correct party pays the claim; and population management solutions that provide risk-bearing organizations with intelligence across their member populations to identify risks, and enhance patient engagement and outcomes, as well as payment integrity, care management and consumer engagement, and analytical solutions. It serves state Medicaid programs, commercial health plans, federal government health agencies, government and private employers, childrens health insurance program, and other healthcare payers, as well as a subcontractor.