AdaptHealth falls after narrowing 2024 revenue forecast

AdaptHealth

06/08/2024 18:03

** Shares of AdaptHealth Corp  AHCO.O  fall 15.7% to $9.25  
    ** Stock set for worst day in 8 months if losses hold 
    ** Medical equipment provider narrows 2024 revenue forecast
to $3.26 bln-$3.32 bln from its previous outlook of $3.25
bln-$3.35 bln 
    ** AHCO's Q2 EPS of 13 cents misses Wall Street estimates of
16 cents - LSEG 
    ** YTD, stock up 26%

 (Reporting by Puyaan Singh)
 ((Puyaan.Singh@thomsonreuters.com;))