Waterdrop Inc reports results for the quarter ended in June 30 - Earnings Summary

Reuters09-04

* Waterdrop Inc reported quarterly breakeven results​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 2 cents. The lone analyst forecast for the quarter was for earnings of 3 cents per share.

* Revenue fell 0.6% to $93.04 million from a year ago; analysts expected $101.16 million.

* Waterdrop Inc shares had fallen by 6.2% this quarter and gained 5.3% so far this year.

FORECAST CHANGES

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the multiline insurance & brokers peer group is "buy."

Wall Street's median 12-month price target for Waterdrop Inc is $1.85 This summary was machine generated from LSEG data September 4 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Jun. 30 2024 0.03 0.00 Missed

Dec. 31 2023 0.01 0.00 Missed

Sep. 30 2023 0.02 0.01 Missed

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