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ASTH Astrana Health News Story

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HeaAstranalthcare firm misses Q3 revenue expectations

Overview

Astrana Q3 revenue doubles yr/yr but misses analyst expectations

Adjusted EBITDA for Q3 rises 52% to $68.5 mln, at higher end of guidance

Company completes Prospect Health acquisition, performance exceeds expectations

Outlook

Astrana updates full-year 2025 guidance due to full-risk contract delays

Company expects full-year 2025 revenue between $3.1 bln and $3.18 bln

Astrana anticipates full-year 2025 adjusted EBITDA between $200 mln and $210 mln

Result Drivers

PROSPECT HEALTH ACQUISITION - Acquisition of Prospect Health exceeded performance expectations, contributing to revenue growth and expanded operational scale

MEDICAL COST CONTROL - Co continues to control medical costs effectively, reiterating full-year trend expectations

STRATEGIC PARTNERSHIP - Partnership with Intermountain Health aims to expand access to coordinated care and enhance healthcare infrastructure

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueMiss$897.73 mln$952.79 mln (8 Analysts)
Q3 EPS$0.01
Q3 Income from Operations$25.28 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "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 Astrana Health Inc is $45.00, about 26.1% above its November 5 closing price of $33.24 The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 15 three months ago Press Release: ID:nPn9hhZqla For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (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.)

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