Web MD Health Release 2013 Guidance Eclipsing Estimates

Posted On 23 Feb 2013

Tag: NASDAQ:WBMD, WebMD Health Corp (NASDAQ:WBMD)

Northern, WI 02/23/2013 (avauncer) - WebMD Health Corp (NASDAQ:WBMD), the health information service provider and publisher of health focused literature announced its guidance for the FY 2013. The company expects revenues in the range of $433 to $455 million, leading to a net loss of $7 million to $22 million. Adjusted earnings before interest tax dividend will reach between $60milion to $80 million during 2013 eclipsing I/B/E/S estimate of $55 million, the company forecast stated.

Loss per diluted share will be $0.13 to $0.45 as against an I/B/E/S estimate of $0.44 for 2013 and a Q1 diluted EPS of $0.22.

The Institutional broker’s estimate released by Lynch, Jones & Ryan and Technimetrics, Inc, estimated revenues could go as high as $422 billion, out of this $94 million is expected to accrue in Q1 according to the brokerage’s estimate.

WebMD Health Corp (NASDAQ:WBMD) shares were up by 25.4% to close at $20.44.

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