Progyny Inc expected to post earnings of 13 cents a share - Earnings Preview

Progyny

08/05/2024 03:04

* Progyny Inc  PGNY.OQ   PGNY.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
12.0% increase in revenue to $289.457 million from $258.39
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on February
27 2024, for the period ended March 31, was for revenue between
$285.00 million and $292.00 million.
    * ​LSEG's mean analyst estimate for Progyny Inc is for
earnings of
13 cents per share. The company's EPS guidance on February 27
2024, for the period ended March 31, was between $0.12 and
$0.13 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 9.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Progyny Inc
is
$46.00​, above​ its last closing price of $33.06. ​​​

The company's guidance on February 27 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD285 million and USD51 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  
 Dec. 31 2023  0.12        0.11       0.13      Beat    21.5
 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.        0.02        0.01       0.03      Beat    157.1
 31 2022                                                
 Sep. 30 2022  0.06        0.05       0.13      Beat    175.8​
 Jun. 30 2022  0.02        0.05       0.09      Beat    100
 Mar. 31 2022  0.00        0.01       0.05      Beat    525
 This summary was machine generated May 8 at 02:04 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)