Stock Track | BrightSpring Health Soars on Q3 Revenue Beat and Raised Full-Year Guidance

Stock Track11-01

BrightSpring Health Services Inc. (NASDAQ: BTSG) saw its shares surge over 7% in pre-market trading on Thursday, after the company reported better-than-expected revenue for the third quarter of 2024 and raised its full-year guidance.

For the quarter ended September 30, 2024, BrightSpring Health reported adjusted earnings of $0.11 per diluted share, missing analysts' estimates of $0.17 per share. However, the company's revenue for the quarter soared 28.8% year-over-year to $2.91 billion, surpassing analysts' expectations of $2.72 billion.

Based on the strong performance, BrightSpring Health increased its full-year 2024 revenue guidance to a range of $11.0 billion to $11.3 billion, up from its previous guidance of $10.45 billion to $10.9 billion. This upward revision in guidance appears to have fueled the pre-market rally in the company's shares, as investors welcomed the growth prospects.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1199859207?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-01 21:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1199859207","market":"us","top_or_hot":-1,"title":"Stock Track | BrightSpring Health Soars on Q3 Revenue Beat and Raised Full-Year Guidance","media":"Stock Track","content":"<p>BrightSpring Health Services Inc. (NASDAQ: BTSG) saw its shares surge over 7% in pre-market trading on Thursday, after the company reported better-than-expected revenue for the third quarter of 2024 and raised its full-year guidance.</p>\n\n<p>For the quarter ended September 30, 2024, BrightSpring Health reported adjusted earnings of $0.11 per diluted share, missing analysts' estimates of $0.17 per share. However, the company's revenue for the quarter soared 28.8% year-over-year to $2.91 billion, surpassing analysts' expectations of $2.72 billion.</p>\n\n<p>Based on the strong performance, BrightSpring Health increased its full-year 2024 revenue guidance to a range of $11.0 billion to $11.3 billion, up from its previous guidance of $10.45 billion to $10.9 billion. This upward revision in guidance appears to have fueled the pre-market rally in the company's shares, as investors welcomed the growth prospects.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | BrightSpring Health Soars on Q3 Revenue Beat and Raised Full-Year Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | BrightSpring Health Soars on Q3 Revenue Beat and Raised Full-Year Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-01 21:30 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BrightSpring Health Services Inc. (NASDAQ: BTSG) saw its shares surge over 7% in pre-market trading on Thursday, after the company reported better-than-expected revenue for the third quarter of 2024 ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTSG","symbol_name":"BrightSpring Health Services Inc.","start_time":0,"source_url":"","article_id":"1199859207","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1199859207","pubTimestamp":1730467822,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"BrightSpring Health Services Inc.  saw its shares surge over 7% in pre-market trading on Thursday, after the company reported better-than-expected revenue for the third quarter of 2024 and raised its full-year guidance.For the quarter ended September 30, 2024, BrightSpring Health reported adjusted earnings of $0.11 per diluted share, missing analysts' estimates of $0.17 per share. However, the company's revenue for the quarter soared 28.8% year-over-year to $2.91 billion, surpassing analysts' ex","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTSG":"BrightSpring Health Services Inc."},"translate_title":"股票赛道BrightSpring Health因第三季度收入超出预期而飙升并上调全年指引","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTSG":1},"content_text":"BrightSpring Health Services Inc. (NASDAQ: BTSG) saw its shares surge over 7% in pre-market trading on Thursday, after the company reported better-than-expected revenue for the third quarter of 2024 and raised its full-year guidance.\nFor the quarter ended September 30, 2024, BrightSpring Health reported adjusted earnings of $0.11 per diluted share, missing analysts' estimates of $0.17 per share. However, the company's revenue for the quarter soared 28.8% year-over-year to $2.91 billion, surpassing analysts' expectations of $2.72 billion.\nBased on the strong performance, BrightSpring Health increased its full-year 2024 revenue guidance to a range of $11.0 billion to $11.3 billion, up from its previous guidance of $10.45 billion to $10.9 billion. This upward revision in guidance appears to have fueled the pre-market rally in the company's shares, as investors welcomed the growth prospects.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1199859207"}