Concentra Group Holdings Q3 Adj $0.37 Beats $0.35 Estimate, Sales $489.64M Miss $492.61M Estimate
Portfolio Pulse from Benzinga Newsdesk
Concentra Group Holdings reported Q3 earnings of $0.37 per share, beating estimates but showing a decrease from last year. Sales were $489.64M, slightly below expectations but up from last year.
October 31, 2024 | 8:36 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Concentra Group Holdings reported Q3 earnings of $0.37 per share, beating the estimate of $0.35, but down from $0.51 last year. Sales were $489.64M, missing the $492.61M estimate but up from last year.
The earnings beat suggests positive performance relative to expectations, but the decrease from last year's earnings and the sales miss could temper investor enthusiasm. The increase in sales from last year is a positive sign, but the mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100