Privia Health Gr's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Privia Health Gr (NASDAQ:PRVA) is set to release its quarterly earnings report on February 27, 2024, with an estimated EPS of $0.04. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historically, PRVA has exceeded EPS estimates, but this has not always led to positive stock price movements. Over the last year, PRVA shares have declined by 29%, indicating a bearish sentiment among long-term shareholders.
February 26, 2024 | 3:02 pm
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Privia Health Gr is anticipated to report an EPS of $0.04 for the quarter. Historical performance shows the company has a track record of beating EPS estimates, which could influence investor expectations. However, despite past beats, stock price reactions have been mixed. With a 29% decline over the past year, investor sentiment appears bearish.
Privia Health Gr's upcoming earnings report is crucial given its history of beating EPS estimates but facing mixed stock price reactions. The expected EPS of $0.04 sets a modest benchmark, but investor focus will likely be on future guidance. The 29% annual decline in stock price reflects a bearish sentiment, suggesting that even a beat may not significantly alter short-term stock performance without strong future guidance.
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