By Rob Curran
Shares of Agilon Health soared premarket after the provider of administrative support to physicians posted quarterly earnings ahead of Wall Street expectations and boosted its revenue projection for the year.
Late Wednesday, the Westerville, Ohio-based health-care administration firm logged earnings of $48.9 million, or $2.94 a share, up from $12.1 million, or 73 cents a share, a year earlier, and surpassing the average analyst target of 98 cents a share.
Shares rallied 49% to $41.48 premarket.
Revenue fell 7% to $1.42 billion, topping the mean analyst estimate of $1.38 billion, as per FactSet. A drop in membership was offset by higher pricing and other factors. The membership tally decreased 11% to 536,000.
For 2026, the company boosted its revenue projection to a range between $5.68 billion and $5.81 billion from a prior projection of $5.41 billion to $5.58 billion.
The company anticipates having between 525,000 and 540,000 members at year-end.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
May 07, 2026 07:10 ET (11:10 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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