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

Progyny

27/02/2024 23:25

* Progyny Inc  PGNY.OQ  reported quarterly adjusted earnings
of 16
cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of 13 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 12 cents per share. Wall Street
expected results to range from 9 cents to 17 cents per share.
    * Revenue rose 36.8% to $280.89 million from a year ago;
analysts
expected $274.12 million. 
    * Progyny Inc's reported EPS for the quarter was 16 cents​.
    * The company reported quarterly net income of $15.9
million.
    * Progyny Inc shares had risen by 7.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Progyny Inc
is
$47.00 

This summary was machine generated from LSEG data February 27 at
11:25 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 2023      0.12           0.16           Beat
 Jun. 30 2023      0.10           0.15           Beat
 Mar. 31 2023      0.07           0.18           Beat
 Dec. 31 2022      0.01           0.18           Beat