Privia Health Group Inc reports results for the quarter ended in September 30 - Earnings Summary

Privia Health

07/11/2024 14:40

* Privia Health Group Inc  PRVA.OQ  reported quarterly
adjusted
earnings of 3 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 5 cents.  The mean expectation of twenty
two analysts for the quarter was for earnings of 5 cents per
share. Wall Street expected results to range from 3 cents to 7
cents per share.
    * Revenue rose 2.3% to $739.90 million from a year ago;
analysts
expected $714.78 million. 
    * Privia Health Group Inc's reported EPS for the quarter was
3
cents​.
    * The company reported quarterly net income of $3.54
million.
    * Privia Health Group Inc shares had risen by 16.2% this
quarter and lost 8.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.6%
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 20 "strong buy" or "buy," 2
"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 Privia Health
Group Inc is $25.00 
This summary was machine generated from LSEG data November 7 at
02:40 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           0.03           Missed
 Jun. 30 2024      0.05           0.03           Missed
 Jan. 1 0001       0.05           0.02           Missed
 Dec. 31 2023      0.04           0.02           Missed