Privia Health Q3 revenue beats estimates
Overview
U.S. physician enablement firm's Q3 revenue rose 13% and beat analyst expectations
Q3 adjusted EBITDA beat analyst estimates
Company raised full-year 2026 guidance above high end for all key metrics
Outlook
Company raises FY 2026 revenue guidance to $2.5 bln-$2.55 bln
Company now expects FY 2026 adjusted EBITDA of $154 mln-$157 mln
Company sees FY 2026 practice collections of $3.9 bln-$3.95 bln
Result Drivers
PROVIDER AND PATIENT GROWTH - Co said increases in implemented providers and value-based care attributed lives contributed to higher revenue and collections
REVENUE MIX - Growth in fee-for-service patient care and capitated revenue offset a decline in shared savings and care management fees
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $657 mln | $610.77 mln (16 Analysts) |
Q3 EPS | $0.10 | ||
Q3 Net Income | $13.50 mln | ||
Q3 Adjusted EBITDA | Beat | $40.60 mln | $39.39 mln (17 Analysts) |
Q3 Operating Income | $20.50 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the healthcare facilities & services peer group is "buy"
Wall Street's median 12-month price target for Privia Health Group Inc is $31.00, about 38.4% above its November 4 closing price of $22.40
The stock recently traded at 55 times the next 12-month earnings vs. a P/E of 70 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)