Concentra raises 2026 revenue outlook

Concentra group Parent

07/05/2026 21:37

Overview

US occupational health provider's Q1 revenue rose 13.7% yr/yr, beating analyst expectations

Adjusted EPS for Q1 increased yr/yr; no analyst estimate provided for comparison

Company declared cash dividend and raised full-year 2026 guidance

Outlook

Concentra now sees 2026 revenue between $2.275 bln and $2.375 bln

Company expects 2026 adjusted EBITDA of $460 mln to $480 mln

Concentra forecasts 2026 free cash flow between $215 mln and $235 mln

Result Drivers

VISIT VOLUME GROWTH - Co said meaningful growth in patient visit volumes, particularly in workers' compensation and employer services, drove Q1 results

HIGHER REVENUE PER VISIT - Revenue per visit increased 3.1% yr/yr, supporting overall revenue growth

NETWORK EXPANSION - Co opened one de novo occupational health center and acquired three centers, increasing total locations

Company press release: ID:nBw8T1C40a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$569.56 mln
$553.50 mln (7 Analysts)
Q1 EPS
$0.39
Q1 Net Income
$52.29 mln
Q1 Adjusted EBITDA
$120.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "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 Concentra Group Holdings Parent Inc is $28.50, about 24.9% above its May 6 closing price of $22.82

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@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.)