Investing.com – Evolent Health Inc reported on Wednesday third quarter that beat analysts’ forecasts and revenue that fell short of expectations.

Evolent Health Inc announced earnings per share of $0.62 on revenue of $352.6M. Analysts polled by Investing.com anticipated EPS of $0.12 on revenue of $357.32M.

Evolent Health Inc shares are up 17.79% from the beginning of the year and are trading at $27.55 , down-from-52-week-high.

Evolent Health Inc shares lost 3.27% in after-hours trade the report.

Evolent Health Inc follows other major Healthcare sector earnings this month

Evolent Health Inc’s report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.

J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.

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