Progyny Q3 Adjusted Earnings, Revenue Increase; 2024 Revenue Guidance Cut

MT Newswires Live

Nov 13, 2024

Progyny (PGNY) reported Q3 adjusted earnings late Tuesday of $0.40 per diluted share, up from $0.38 a year earlier.

Analysts polled by Capital IQ expected $0.37.

Revenue for the quarter ended Sept. 30 was $286.6 million, compared with $280.9 million a year earlier.

Analysts surveyed by Capital IQ expected $297.4 million.

For Q4, the company expects adjusted earnings per diluted share of $0.31 to $0.35 and revenue of $266.2 million to $281.2 million. Analysts surveyed by Capital IQ expect earnings of $0.37 on revenue of $284 million.

The company narrowed its 2024 adjusted diluted earnings per share forecast to $1.54 to $1.57 from $1.53 to $1.61 previously. Analysts surveyed by Capital IQ expect $1.57.

The company also trimmed its revenue guidance for the year to $1.14 billion to $1.15 billion from $1.17 billion to $1.20 billion. Analysts polled by Capital IQ expect $1.15 billion.

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Analysts polled by Capital IQ expect $1.15 billion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PGNY","symbol_name":"Progyny","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2483075666","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483075666","pubTimestamp":1731490569,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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