Why Evolent Health Shares Fell on Thursday
Shares of Evolent Health (NYSE: EVH) declined by 7.7% on Thursday, on a day when the S&P 500 index ended higher by 0.8%. That came in the wake of the company's first-quarter earnings release.
Evolent earned just over $215.1 million in total revenue, down from the $221 million in the same quarter last year. But that exceeded the $212 million collectively anticipated by analysts tracking the stock.
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Source Fool.com
