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WebMD Health Corp. (WBMD) Jumps 22% On Positive Guidance

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HFA Staff
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Shares in WebMD Health Corp. (NASDAQ:WBMD) are trending strongly upward on Friday morning trading after the firm released positive guidance for the first quarter of 2013. The optimism comes in spite of a reported loss in the fourth quarter of 2012. The company has been invested in by Carl Icahn among others.

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In an earnings report released on Thursday after the market closed, WebMD Health Corp. (NASDAQ:WBMD) revealed that it had lost 8 cents per share in the three months ending December 31. Analysts were expecting a loss along of 4 cents by consensus. Revenue at the online medical advice service surprised analysts, however.

Revenue...

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