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Option Care Health Shares Decline After Reporting Lower Q2 EPS
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Option Care Health Shares Decline After Reporting Lower Q2 EPS
Jul 31, 2024 7:18 AM

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

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