R1 RCM Q4 Sales $575.10M Miss $578.69M Estimate
Portfolio Pulse from Benzinga Newsdesk
R1 RCM (NASDAQ:RCM) reported Q4 sales of $575.10M, missing the consensus estimate of $578.69M by 0.62%. This represents a 7.94% increase over the same period last year.
February 27, 2024 | 12:10 pm
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NEUTRAL IMPACT
R1 RCM reported Q4 sales of $575.10M, missing estimates by 0.62% but showing a 7.94% increase from last year.
The slight miss in sales estimates may have a neutral to slightly negative short-term impact on RCM's stock price. However, the year-over-year growth of 7.94% indicates underlying strength in the company's operations, which could mitigate any negative reaction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100