Progyny Inc expected to post earnings of 10 cents a share - Earnings Preview

Progyny

23/02/2024 22:24

* Progyny Inc  PGNY.OQ   PGNY.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
27.7% increase in revenue to $273.66 million from $214.32
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on November
7 2023, for the period ended December 31, was for revenue
between $268.30 million and $276.30 million.
    * ​LSEG's mean analyst estimate for Progyny Inc is for
earnings of
10 cents per share. The company's EPS guidance on November 7
2023, for the period ended December 31, was between $0.10 and
$0.11 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Progyny Inc
is
$47.00​, above​ its last closing price of $38.67. ​​​

The company's guidance on November 7 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD268.3 million and
USD44.7 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.12        0.12       0.16      Beat    36.6
 Jun. 30 2023  0.11        0.10       0.15      Beat    43.8
 Mar. 31 2023  0.07        0.07       0.18      Beat    142.3​
 Dec. 31 2022  0.02        0.01       0.03      Beat    157.1
 ​​Sep.        0.06        0.05       0.13      Beat    175.8
 30 2022                                                
 Jun. 30 2022  0.02        0.05       0.09      Beat    100​
 Mar. 31 2022  0.00        0.01       0.05      Beat    525
 Dec. 31 2021  0.04        0.04       0.15      Beat    316.7
 This summary was machine generated February 23 at 22:24 GMT. 
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)