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

Brightspring Health Services

03/05/2024 11:36

* Brightspring Health Services Inc  BTSG.OQ  reported
quarterly
adjusted earnings of 12 cents​​ per share for the quarter ended
in March.  The mean expectation of nine analysts for the quarter
was for earnings of 7 cents per share. Wall Street expected
results to range from zero cents to 20 cents per share.
    * Revenue was $2.58 billion​; analysts expected $2.31
billion. 
    * Brightspring Health Services Inc's reported EPS for the
quarter
was a loss of 26 cents​.
    * The company reported a quarterly loss of $45.75 million.
    * Brightspring Health Services Inc shares had risen by 1.7%
this
quarter.

FORECAST CHANGES
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "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 May 3 at 10:36
a.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
 Mar. 31 2024      0.07           0.12           Beat
 Dec. 31 2023      0.09           0.14           Beat