BrightSpring Health Services Inc. (BTSG) saw its stock price soar 6.75% in early trading on Friday, following the release of its first-quarter 2026 financial results.
The company reported adjusted earnings per share of $0.39, significantly beating the analyst consensus estimate of $0.31. Quarterly sales reached $3.614 billion, also surpassing estimates of $3.392 billion and representing a 25.6% increase compared to the same period last year. Net income from continuing operations more than doubled to $74 million.
Furthermore, BrightSpring raised its full-year 2026 financial outlook. The company now expects revenue between $14.725 billion and $15.225 billion, up from its previous guidance. Adjusted EBITDA guidance was also increased to a range of $795 million to $825 million. The strong quarterly performance and optimistic updated forecast are the primary drivers behind the significant stock price movement.
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