10:41 AM EDT, 11/01/2024 (MT Newswires) -- (Updates with the stock price movement in the headline and the first paragraph.)
BrightSpring Health Services ( BTSG ) shares were up over 13% in recent Friday trading after the company's Q3 swings to earnings and revenue increases.
The company reported Q3 adjusted earnings of $0.11 per diluted share compared with an adjusted loss of $0.08 per share a year earlier.
Analysts surveyed by Capital IQ expected adjusted EPS of $0.15.
Net revenue for the quarter ended Sept. 30 was $2.91 billion, up from $2.26 billion a year earlier.
Analysts surveyed by Capital IQ expected $2.72 billion.
For full-year 2024, the company said it now expects net revenue of between $11 billion and $11.3 billion, compared with the prior outlook of between $10.45 billion and $10.9 billion.
Analysts polled by Capital IQ expect $10.83 billion.
Price: 16.94, Change: +1.97, Percent Change: +13.13