Wall Street analysts forecast that Connecture, Inc. (NASDAQ:CNXR) will announce earnings of ($0.19) per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Connecture’s earnings. The highest EPS estimate is ($0.17) and the lowest is ($0.21). Connecture reported earnings per share of ($0.47) during the same quarter last year, which would suggest a positive year over year growth rate of 59.6%. The firm is scheduled to report its next earnings report after the market closes on Monday, August 7th.

According to Zacks, analysts expect that Connecture will report full-year earnings of ($0.51) per share for the current year, with EPS estimates ranging from ($0.58) to ($0.45). For the next financial year, analysts forecast that the firm will post earnings of ($0.32) per share, with EPS estimates ranging from ($0.44) to ($0.20). Zacks’ EPS averages are an average based on a survey of analysts that cover Connecture.

Connecture (NASDAQ:CNXR) last released its earnings results on Monday, May 8th. The technology company reported ($0.22) EPS for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.05. The company had revenue of $18.27 million during the quarter, compared to analyst estimates of $16.49 million. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter last year, the business earned ($0.33) earnings per share.

Separately, Zacks Investment Research raised Connecture from a “sell” rating to a “hold” rating and set a $1.00 price objective for the company in a report on Monday, May 15th.

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Connecture (CNXR) traded down 10.82% during mid-day trading on Friday, reaching $0.74. 106,236 shares of the company were exchanged. Connecture has a 1-year low of $0.48 and a 1-year high of $2.64. The stock has a 50-day moving average of $0.73 and a 200 day moving average of $1.19. The firm’s market capitalization is $16.74 million.

About Connecture

Connecture, Inc provides a Web-based consumer shopping, enrollment and retention platform for health insurance distribution. The Company caters its services to health insurance marketplace operators, such as health plans, brokers and exchange operators. It operates through four segments: Enterprise/Commercial, Enterprise/State, Medicare and Private Exchange.

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