DocGo Inc reports results for the quarter ended September 30 - Earnings Summary

DocGo

08/11/2024 16:30

* DocGo Inc  DCGO.OQ  reported quarterly adjusted earnings
of 5
cents​​ per share for the quarter ended September 30, identical
to the same quarter last year.  The mean expectation of
seven analysts for the quarter was for earnings of 5 cents per
share. Wall Street expected results to range from 3 cents to 9
cents per share.
    * Revenue fell 25.7% to $138.68 million from a year ago;
analysts
expected $137.89 million. 
    * DocGo Inc's reported EPS for the quarter was 5 cents​.
    * The company reported quarterly net income of $5.5 million.
    * DocGo Inc shares had risen by 8.7% this quarter and
lost 35.4%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 also "buy"

Wall Street's median 12-month price target for DocGo Inc is 6.50
This summary was machine generated from LSEG data November 8 at
04:29 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
 Sep. 30 2024      0.05           0.05           Met
 Jun. 30 2024      0.08           0.07           Missed
 Mar. 31 2024      0.08           0.10           Beat
 Dec. 31 2023      0.10           0.07           Missed