WESTERVILLE, Ohio (AP) — WESTERVILLE, Ohio (AP) — Agilon Health Inc. (AGL) on Tuesday reported first-quarter net income of $12.1 million, after reporting a loss in the same period a year earlier.
The Westerville, Ohio-based company said it had net income of 3 cents per share. Earnings, adjusted to account for discontinued operations, came to less than 1 cent on a per-share basis.
The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The senior-focused health care company posted revenue of $1.53 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $1.51 billion.
For the current quarter ending in June, Agilon said it expects revenue in the range of $1.44 billion to $1.51 billion.
The company expects full-year revenue in the range of $5.85 billion to $6.03 billion.
In the final minutes of trading on Tuesday, the company’s shares hit $4.46. A year ago, they were trading at $4.83.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGL at https://www.zacks.com/ap/AGL
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