Enviva Partners LP
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Energy : Oil, Gas & Consumable Fuels | Small Cap Growth
Company profile

Enviva Partners, LP is a supplier of utility-grade wood pellets to power generators. The Company procures wood fiber and processes it into utility-grade wood pellets and loads the finished wood pellets into railcars, trucks and barges that are transported to deep-water marine terminals, where they are received, stored and loaded onto oceangoing vessels for transport to the Company's principally Northern European customers. The Company's principal product, utility-grade wood pellets, is a traded energy commodity that is used as a substitute for coal in both dedicated and co-fired power generation and combined heat and power plants. It enables power generators to generate electricity. The Company's customers use its wood pellets as a substitute fuel for coal in dedicated biomass or co-fired coal power plants. Wood pellets are exported from the Company's deep-water marine terminal in Chesapeake, Virginia, from a deep-water marine terminal in Wilmington, North Carolina.

Closing Price
$45.85
Day's Change
-0.58 (-1.25%)
Bid
--
Ask
--
B/A Size
--
Day's High
46.51
Day's Low
45.60
Volume
(Light)
Volume:
53,811

10-day average volume:
69,828
53,811

EHealth stock falls 10% after Q3 earnings, guidance

5:46 pm ET October 22, 2020 (MarketWatch)
Print

Shares of eHealth Inc. (EHTH) fell 10% in the extended session Thursday despite a quarterly beat for the online health insurance marketplace. EHealth said it lost $14.5 million, or 55 cents a share, in the third quarter, compared with a net loss of $11 million, or 47 cents a share, for the third quarter of 2019. Adjusted for one-time items, the company lost $9.5 million, or 36 cents a share, compared with an adjusted loss of 43 cents a share a year ago. Sales rose 35% to $94.3 million. Analysts polled by FactSet expected an adjusted loss of 58 cents a share on sales of $86 million. "Our third-quarter results reflect strong momentum in our Medicare online enrollments, significant growth in Medicare carrier advertising revenue and an investment in our tele-sales capacity and technology initiatives" ahead of Medicare's enrollment period, eHealth Chief Executive Scott Flanders said in a statement. The company reiterated its full-year guidance, saying it expects revenue between $630 million and $670 million. GAAP EPS is seen between $2.91 and $3.47, and adjusted EPS between $3.83 and $4.32, the company said. EHealth shares ended the regular trading day up 0.4%.

-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

October 22, 2020 17:46 ET (21:46 GMT)

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