Progyny Inc expected to post earnings of 17 cents a share - Earnings Preview

Progyny

03/08/2024 02:18

* Progyny Inc  PGNY.OQ   PGNY.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
9.3% increase in revenue to $305.419 million from $279.37
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on May 9
2024, for the period ended June 30, was for revenue between
$300.00 million and $310.00 million.
    * ​LSEG's mean analyst estimate for Progyny Inc is for
earnings of
17 cents per share. The company's EPS guidance on May 9 2024,
for the period ended June 30, was between $0.39 and $0.41 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"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
$37.00​, above​ its last closing price of $26.80. ​​​

The company's guidance on May 9 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD300 million and USD55 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  
 Mar. 31 2024  0.13        0.13       0.17      Beat    28.6
 Dec. 31 2024  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.        0.07        0.07       0.18      Beat    142.3
 31 2023                                                
 Jan. 1 0001   0.02        0.01       0.03      Beat    157.1​
 Sep. 30 2022  0.06        0.05       0.13      Beat    175.8
 Jun. 30 2022  0.02        0.05       0.09      Beat    100
 This summary was machine generated August 3 at 01:18 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)