By Christopher Kuo
Option Care Health shares tumbled to a three-year low after the company decreased its full-year revenue guidance.
Shares of the provider of home and alternate site infusion therapy services plummeted 28% to $19.48. The shares reached a three-year low of $18.01 earlier on Thursday.
The company lowered its guidance for full-year revenue to a range of $5.68 billion to $5.78 billion. Analysts polled by FactSet are expecting full-year revenue of $5.94 billion.
The company expects adjusted per-share earnings of $1.82 to $1.92 in 2026. Analysts are expecting adjusted per-share earnings of $1.87.
Option Care posted a first-quarter profit of $45.3 million, or 29 cents a share, compared with $46.7 million, or 28 cents a share, a year earlier.
Adjusted earnings per share were 40 cents. Wall Street expected adjusted per-share earnings of 37 cents.
Revenue rose 1.3% to $1.35 billion. Analysts were expecting revenue of $1.4 billion.
"We are not satisfied with our revenue growth momentum," said Chief Executive John C. Rademacher.
Write to Christopher Kuo at chris.kuo@wsj.com
(END) Dow Jones Newswires
April 30, 2026 14:17 ET (18:17 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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