agilon health inc reports results for the quarter ended in June - Earnings Summary

Agilon Health

06/08/2024 23:20

* agilon health inc  AGL.N  reported a quarterly adjusted
loss
of 7 cents​​ per share for the quarter ended in June, lower than
the same quarter last year, when the company reported EPS of -4
cents.  The mean expectation of nineteen analysts for the
quarter was for a loss of 8 cents per share. Wall Street
expected results to range from -10 cents to -5 cents per share.
    * Revenue rose 29% to $1.48 billion from a year ago;
analysts
expected $1.56 billion. 
    * agilon health inc's reported EPS for the quarter was a
loss of 7
cents​.
    * The company reported a quarterly loss of $30.68 million.
    * agilon health inc shares had fallen by 1.2% this
quarter and
lost 48.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 18.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 13
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "hold"

Wall Street's median 12-month price target for agilon health inc
is $7.00 
This summary was machine generated from LSEG data August 6 at
10:20 p.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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.08          -0.07          Beat
 Mar. 31 2024      -0.01          -0.01          Met
 Dec. 31 2023      -0.30          -0.41          Missed
 Sep. 30 2023      -0.06          -0.08          Missed