Ardent Health Q3 revenue beats analyst estimates

Ardent Health

04/11/2026 21:30

Overview
U.S. hospital operator's Q3 revenue rose 3.1% yr/yr, beating analyst expectations
Adjusted EBITDA for Q3 beat analyst expectations
Company increased share repurchase authorization by $25 mln

Outlook
Company raises 2026 adjusted EBITDA guidance to $500–535 mln from $485–535 mln
Company maintains 2026 revenue outlook at $6.4–6.7 bln
Company lifts 2026 net income guidance to $132–167 mln from $110–163 mln

Result Drivers
COST SAVINGS INITIATIVES - IMPACT program contributed to efficiency gains and improved financial performance
VOLUME GROWTH - 2.9% rise in adjusted admissions drove revenue growth

Company press release: ID:nBw8gLDVSa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.62 bln
$1.60 bln (11 Analysts)
Q3 EPS
 
$0.31
 
Q3 Net Income
 
$44.52 mln
 
Q3 Adjusted EBITDA
Beat
$138 mln
$124.18 mln (11 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the healthcare facilities & services peer group is "buy"
Wall Street's median 12-month price target for Ardent Health Inc is $13.00, about 11% above its November 3 closing price of $11.71
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)