Pacs Group Inc reports results for the quarter ended in June - Earnings Summary

PACS

13/08/2024 02:07

* Pacs Group Inc  PACS.N  reported a quarterly adjusted loss
of 7
cents​​ per share for the quarter ended in June.  The mean
expectation of seven analysts for the quarter was for earnings
of 34 cents per share. Wall Street expected results to range
from 32 cents to 38 cents per share.
    * Revenue was $981.85 million​; analysts expected $916.50
million. 
    * Pacs Group Inc's reported EPS for the quarter was a loss
of 7
cents​.
    * The company reported a quarterly loss of $10.91 million.
    * Pacs Group Inc shares had risen by 11.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.1%
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 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 Pacs Group Inc is
$34.50 
This summary was machine generated from LSEG data August 13 at
01:07 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
 Jun. 30 2024      0.34           -0.07          Missed
 Mar. 31 2024      0.30           0.38           Beat