Brief: Agilon Health Provides 2023 Guidance Update, Initial 2024 View

Agilon Health

05/01/2024 14:05

Jan 5 (Reuters) - Agilon Health Inc  AGL.N :
    * AGILON HEALTH PROVIDES 2023 GUIDANCE UPDATE, INITIAL 2024
VIEW
    * REVISED 2023 EXPECTATIONS AND EARLY OUTLOOK FOR 2024
REFLECT
HIGHER MEDICAL AND NON-MEDICAL COSTS
    * REVISED 2023 MEDICAL MARGIN EXPECTATION IS $340 MILLION TO
$360
MILLION
    * SEES FY 2023 TOTAL REVENUES $4,295 MILLION TO  $4,305
MILLION
    * SEES  INITIAL OUTLOOK FOR 2024 TOTAL REVENUES $6,350
MILLION TO
$6,420 MILLION
    * GIVEN LOWER-THAN-EXPECTED BASELINE NOW PROJECTED FOR 2023,
AGILON IS WITHDRAWING ITS PREVIOUSLY ISSUED TARGET FOR 2026

Source text for Eikon:  ID:nBw6dWpFBa 
Further company coverage:  AGL.N 

 ((Reuters.Briefs@thomsonreuters.com;))