WebMD Health Corp. (WBMD) reported fourth quarter adjusted EPS of $0.08 after the close Thursday, down from $0.31 in the previous year. The consensus estimate was for a loss of $0.04. For the full year 2013, the company expects a loss of $0.13 to $0.45 per share, compared to the consensus estimate of a loss of $0.44.
WebMD Health gapped open sharply higher Friday, but was range-bound throughout the session. The stock finished up by 4.14 at $20.44 on strong volume. WebMD Health climbed to a 7 1/2 month high.
by RTT Staff Writer
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