NeueHealth's Forecasts 2024 Revenue Of Approximately $1B Versus Consensus Of $1.01B, With NeueCare Segment Revenue Of $310M-$320M And NeueSolutions Segment Revenue Of $690M-$700M
Portfolio Pulse from Benzinga Newsdesk
NeueHealth forecasts its 2024 revenue to be around $1B, slightly below the consensus estimate of $1.01B. The revenue is expected to be split between its NeueCare segment ($310M-$320M) and NeueSolutions segment ($690M-$700M).
May 08, 2024 | 10:50 am
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NeueHealth forecasts 2024 revenue of around $1B, slightly below consensus estimates, with specific segment revenues detailed for NeueCare and NeueSolutions.
The slight miss from consensus estimates could lead to short-term negative sentiment among investors, potentially impacting NEUE's stock price negatively. The detailed breakdown between segments provides transparency but may not fully mitigate the disappointment from not meeting consensus expectations.
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