R1 RCM Q2 Sales $560.70M Miss $562.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
R1 RCM reported Q2 sales of $560.70 million, missing the analyst consensus estimate of $562.36 million by 0.30 percent. However, this represents a 43.07 percent increase over sales of $391.90 million in the same period last year.
August 04, 2023 | 10:55 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
R1 RCM's Q2 sales missed analyst estimates but showed a significant YoY increase.
While R1 RCM missed analyst estimates for Q2 sales, the significant YoY increase could offset the negative impact of the miss. The stock price could remain stable in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100