Clover Health Investments Corp - Class A logo

CLOV

Clover Health Investments Corp - Class A

$3.18

Earnings Summary

Revenue
$874.38Mn
Net Profits
$-75.31Mn
Net Profit Margins
-8.61%

Highlights

Revenue:

Clover Health Investments Corp - Class A’s revenue jumped 336.48% since last year same period to $874.38Mn in the Q1 2022. On a quarterly growth basis, Clover Health Investments Corp - Class A has generated 102.39% jump in its revenue since last 3-months.

Net Profits:

Clover Health Investments Corp - Class A’s net profit fell -55.54% since last year same period to $-75.31Mn in the Q1 2022. On a quarterly growth basis, Clover Health Investments Corp - Class A has generated 59.77% jump in its net profits since last 3-months.

Net Profit Margins:

Clover Health Investments Corp - Class A’s net profit margin jumped 64.36% since last year same period to -8.61% in the Q1 2022. On a quarterly growth basis, Clover Health Investments Corp - Class A has generated 80.12% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Clover Health Investments Corp - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.21
EPS Estimate Current Year
-0.21

Highlights

EPS Estimate Current Quarter:

Clover Health Investments Corp - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.21 - a 22.22% jump from last quarter’s estimates.

EPS Estimate Current Year:

Clover Health Investments Corp - Class A’s earning per share (EPS) estimates for the current year stand at -0.21.

Key Ratios

Key ratios of the Clover Health Investments Corp - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-0.19
Return on Assets (ROA)
-0.2
Return on Equity (ROE)
-1.08
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Clover Health Investments Corp - Class A’s earning per share (EPS) fell -46.15% since last year same period to -0.19 in the Q1 2022. This indicates that the Clover Health Investments Corp - Class A has generated -46.15% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Clover Health Investments Corp - Class A’s return on assets (ROA) stands at -0.2.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Clover Health Investments Corp - Class A’s return on equity (ROE) stands at -1.08.

Dividend Per Share (DPS):

Clover Health Investments Corp - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
-0.27
-0.19
29.63%

Company Information

Clover Health is a healthcare technology company with a deeply rooted mission of improving every life. Clover uses its proprietary technology platform to collect, structure, and analyze health and behavioral data to improve medical outcomes and lower costs for patients. As a company whose business goals fully align with its members' health needs, Clover works with members and their doctors to become a valued partner. This trust is built by proactively identifying at-risk individuals and teaming up with physicians to accelerate care coordination and simultaneously improve health outcomes and reduce avoidable costs. Clover has offices in San Francisco, Jersey City, Nashville and Hong Kong.

Organisation
Clover Health Investments Corp - Class A
Employees
458