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Agilon Health Inc Up 1.08% To $6.55 After Earnings Miss

Wednesday, February 28, 2024 01:28 PM | InvestorsObserver Analysts

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Agilon Health Inc Up 1.08% To $6.55 After Earnings Miss

Wednesday, February 28, 2024 - Agilon Health Inc (AGL) reported downside earnings and upside revenues.

Agilon Health Inc's earnings came in at an EPS loss of $0.41 per share, 52% lower than estimates for an EPS loss of $0.27 per share. The firm's loss per share expanded by 193% since reporting a loss of $0.14 per share a year ago.

Revenues were upbeat at $1.1 billion. That is an increase of 53.09% in revenues from the year-ago report and is 3.53% higher than consensus estimates set at $1 billion.

The stock is up 1.08% to $6.55 after the report.

Agilon Health Inc's earnings expanded faster than revenues, signaling widening profit margins.

Wall Street Analysts had an average rating of Buy on the stock prior to the report.

InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.

Prior to the report, InvestorsObserver gave the stock an overall score of 43. Meanwhile, the average Wall Street analyst rated the stock a Buy.

Agilon Health Inc is transforming healthcare by empowering community-based physicians with the resources and expertise they need to innovate the payment and delivery of care for seniors. The company enables physicians to create their own Medicare-centric globally capitated line of business.

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