Stock Alert: 1Life Healthcare Shares Up 5%

(RTTNews) - Shares of 1Life Healthcare Inc. (ONEM) are currently trading at $34.65, up $1.73 or 5.26%, with trading volume of 912K more versus an average volume of 1.71 million shares.

The company reported third-quarter net loss of $16.4 million or $0.13 per share compared to a loss of $15.3 million or $0.82 per share last year. Net revenue for the quarter increased to $101.7 million from $69.6 million generated in the prior year period. Analysts polled by Thomson Reuters expected a loss of $0.19 per share on revenue of $86.18 million for the quarter. Analysts' estimate typically exclude certain special items.

Looking ahead, the company projects fourth-quarter total net revenue in the range of $104 million - $109 million, with Care margin in the range of $37 million - $42 million, and Ending Membership count of 530K - 540K. Nine Wall Street analysts have a consensus revenue estimate of $90.9 million for the quarter.

For the full year 2020, the company expects total net revenue in the range of $362 million - $367 million, and Care Margin in the range of $132 million - $137 million. Eleven Wall Street analysts look for revenues of $333.88 million for fiscal 2020.