Concentra: Q3 Earnings Snapshot

MECHANICSBURG, Pa. (AP) — MECHANICSBURG, Pa. (AP) — Concentra Group Holdings Parent Inc. (CON) on Thursday reported third-quarter earnings of $44.3 million.

On a per-share basis, the Mechanicsburg, Pennsylvania-based company said it had profit of 37 cents.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.

The provider of occupational health services posted revenue of $489.6 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $491.5 million.

Concentra expects full-year revenue of $1.9 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CON at https://www.zacks.com/ap/CON

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up