Progyny Expects Q1 Revenue Of $285M-$292M (Est $312.64M); Adjusted EPS Of $0.33-$0.35 (Est $0.18)
Portfolio Pulse from Benzinga Newsdesk
Progyny forecasts Q1 revenue to be between $285M-$292M, below the estimated $312.64M, but expects adjusted EPS of $0.33-$0.35, above the estimated $0.18.
February 27, 2024 | 10:31 pm
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Progyny forecasts lower-than-expected Q1 revenue but higher adjusted EPS.
While the lower revenue forecast may concern investors, the higher-than-expected adjusted EPS could indicate operational efficiency or cost control, potentially balancing the stock's short-term outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100