Brightspring Health Services Inc reports results for the quarter ended in June - Earnings Summary

Brightspring Health Services

02/08/2024 14:53

* Brightspring Health Services Inc  BTSG.OQ  reported
quarterly
adjusted earnings of 10 cents​​ per share for the quarter ended
in June.  The mean expectation of ten analysts for the quarter
was for earnings of 17 cents per share. Wall Street expected
results to range from 10 cents to 35 cents per share.
    * Revenue was $2.73 billion​; analysts expected $2.61
billion. 
    * Brightspring Health Services Inc's reported EPS for the
quarter
was 10 cents​.
    * The company reported quarterly net income of $19.92
million.
    * Brightspring Health Services Inc shares had risen by 7.7%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Brightspring
Health Services Inc is $15.00 
This summary was machine generated from LSEG data August 2 at
01:53 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      0.17           0.10           Missed
 Mar. 31 2024      0.07           0.12           Beat
 Dec. 31 2023      0.09           0.14           Beat