Privia Health Q3 Adjusted EPS, Revenue Increase

MT Newswires Live11-07

Privia Health (PRVA) shares were rising nearly 2% in recent Thursday trading after the company reported Q3 adjusted earnings of $0.20 per diluted share, up from $0.17 a year earlier.

That result matched the average estimate of analysts polled by Capital IQ.

Revenue for the quarter ended Sept. 30 was $437.9 million, up from $417.3 million a year earlier.

Analysts surveyed by Capital IQ expected $413.5 million.

The company said it now expects 2024 revenue at the "high end" of the guidance range between $1.60 billion and $1.68 billion. The previous guidance provided with Q2 results was "mid to high end" of that range.

Analysts surveyed by Capital IQ expect $1.67 billion.

Price: 21.70, Change: +0.54, Percent Change: +2.55

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