Progyny Inc reports results for the quarter ended in March - Earnings Summary

Progyny

08/05/2023 23:03

* Progyny Inc  PGNY.OQ  reported quarterly adjusted earnings
of 18
cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of 8 cents per share.
    * Revenue rose 50% to $258.39 million from a year ago;
analysts
expected $246.40 million. 
    * Progyny Inc's reported EPS for the quarter was 18 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Progyny Inc shares had risen by 7.7% this quarter and
gained 11.0% so far this year.
    * The company reported quarterly net income of $17.68
million.
    * Wall Street's median 12-month price target for Progyny Inc
is
$45.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
8 at 10:03 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.08           0.18           Beat
 Dec. 31 2022      0.01           0.03           Beat
 Sep. 30 2022      0.05           0.13           Beat
 Jun. 30 2022      0.05           0.09           Beat