Concentra Reports Preliminary Q4 Results; Signs Deal to Acquire Nova Medical Centers

MT Newswires Live

Jan 23, 2025

Concentra Group Holdings Parent (CON) said Wednesday it expects to report Q4 revenue of $465 million, up 5.5% year over year.

Analysts polled by FactSet expect $462.2 million.

The company said Q4 net income is expected to be between $20.6 million and $22.6 million, versus $28.9 million a year earlier. Analysts surveyed by FactSet expect $21.1 million.

The company also said it agreed to acquire Nova Medical Centers in a deal that values the occupational health services company at $265 million.

Concentra said it expects 2025 revenue of roughly $2.1 billion, reflecting the proposed acquisition. Analysts polled by FactSet are looking for $2.01 billion.

Shares of the company were down about 2% in after-hours activity.

Price: 21.71, Change: -0.43, Percent Change: -1.94

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Analysts surveyed by FactSet expect $21.1 million.</p><p>The company also said it agreed to acquire Nova Medical Centers in a deal that values the occupational health services company at $265 million.</p><p>Concentra said it expects 2025 revenue of roughly $2.1 billion, reflecting the proposed acquisition. Analysts polled by FactSet are looking for $2.01 billion.</p><p>Shares of the company were down about 2% in after-hours activity.</p><p>Price: 21.71, Change: -0.43, Percent Change: -1.94</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CON","symbol_name":"Concentra Group Holdings Parent Inc","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2505702682","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505702682","pubTimestamp":1737584443,"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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