BrightSpring shares touch three-month high after raising 2026 revenue forecast

By Reuters News

** Home healthcare provider BrightSpring Health's BTSG.O shares hit highest in three months, last up 10% at $66.22

** If levels hold, co is on track to its sharpest one-day percentage gain since May 2025

** Co raises full-year 2026 revenue guidance range again to $15.90 billion-$16.13 billion, from $15.1 billion-$15.43 billion earlier

** Also lifts 2026 adjusted EBITDA forecast to $850 million to $860 million from $820 million-$845 million

** Reports Q3 revenue of $4.21 billion, above analysts' estimate of $3.88 billion, according to data compiled by LSEG

** Quarterly adj. profit of 54 cents per share also surpasses estimate of 47 cents per share

** Co says it saw strong demand for specialty and infusion pharmacy services, higher home healthcare volumes and expansion of acquired branches

** BTSG trades at 27.07 times expected earnings over the next 12 months, compared with 15.77 times for Option Care Health OPCH.O and 16.68 times for Addus HomeCare ADUS.O

** Including session's moves, BTSG up over 78% YTD, outperforming the S&P 400 Health Care Providers & Services .SPMDCHCPS index's 11% gain

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk