Concentra Group Holdings Parent Inc reports results for the quarter ended June 30 - Earnings Summary

• Concentra Group Holdings Parent Inc CON.N reported quarterly adjusted earnings of 37 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 50 cents. The mean expectation of eight analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 35 cents to 40 cents per share.

• Revenue rose 15.2% to $550.79 million from a year ago; analysts expected $537.36 million.

• Concentra Group Holdings Parent Inc's reported EPS for the quarter was 35 cents​.

• The company reported quarterly net income of $44.56 million.

• Concentra Group Holdings Parent Inc shares had fallen by 3.1% this quarter and gained 0.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the healthcare facilities & services peer group is also "buy"

• Wall Street's median 12-month price target for Concentra Group Holdings Parent Inc is $28.00, about 27.9% above its last closing price of $20.20

This summary was machine generated from LSEG data August 8 at 03:53 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)