09:56 AM EDT, 07/31/2024 (MT Newswires) -- Option Care Health ( OPCH ) shares fell in early trading Wednesday after reporting Q2 net income of $0.30 per diluted share, down from $0.63 a year earlier.
Analysts polled by Capital IQ expected $0.27.
Revenue for the quarter ended June 30 was $1.23 billion, compared with $1.07 billion a year earlier.
Analysts expected $1.17 billion.
For 2024, the company is projecting revenue of $4.75 billion to $4.85 billion compared with its prior guidance expecting between $4.65 billion to $4.8 billion. Analysts have been looking for $4.75 billion.
Option Care Health ( OPCH ) shares were down 5% in recent trading.
Price: 29.71, Change: -1.64, Percent Change: -5.23