Education
About Us
Working with TipRanks
Follow Us
Concentra Group Holdings Parent, Inc. (CON)
NYSE:CON
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.17Last Year’s EPS
0.5Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Mar 03, 2025
|% Change Since: -3.90%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
Concentra's Q3 2024 earnings call reflected moderate growth with key achievements such as revenue increase, expansion of locations, and improvement in cash flow metrics. However, challenges included declines in employer services visits, a slight decrease in total visits, and external impacts from hurricanes and cyber outages. The sentiment is mixed with both positive and negative elements.Company Guidance
During the third quarter 2024 earnings call, Concentra Group Holdings Parent, Inc. provided guidance for the full year, projecting revenue of approximately $1.9 billion and adjusted EBITDA in the range of $370 million to $375 million. The company reported a 3.3% year-over-year revenue growth for Q3, reaching $489.6 million, and a 2.7% increase in adjusted EBITDA to $101.6 million. Despite a slight decline in EBITDA margin from 20.9% to 20.7%, Concentra maintained robust cash flow, generating $65.9 million from operating activities and reducing its net leverage ratio to 3.7x. They also declared a cash dividend of $0.0625 per share. The company saw a 0.7% decrease in total visits, with employer services visits down by 2.6% but workers' compensation visits increasing by 1.7%. Revenue per visit rose by 3.9%, driven by higher reimbursement rates and a favorable visit mix. Looking ahead, Concentra anticipates continued growth, aided by strategic initiatives, including the separation from Select Medical and expansion efforts, such as new center openings and acquisitions.Revenue Growth
Revenue for Q3 2024 was $489.6 million, up 3.3% year-over-year from $474.0 million in Q3 2023.
Adjusted EBITDA Increase
Adjusted EBITDA grew by 2.7% to $101.6 million in Q3 2024 compared to $98.9 million in Q3 2023.
Expansion of Locations
Concentra added 21 more locations, totaling 705, compared to the end of Q3 2023.
Cash Flow and Leverage Improvement
Operating activities generated $65.9 million in cash flow, with the net leverage ratio improving from 3.9x at IPO to 3.7x at September 30, 2024.
Dividend Announcement
Concentra's Board declared a cash dividend of $0.0625 per share, payable on November 22, 2024.
New Business Development
More than 10 new on-site health clinics, including advanced primary care services, are set to open in the coming months.
---
Concentra Group Holdings Parent, Inc. (CON) Earnings, Revenues Date & History
CON Earnings History
Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release | Slides | Play Transcript |
|---|---|---|---|---|---|---|---|
| Jul 31, 2025 | 2025 (Q2) | 0.5 | ― | ― | ― | ||
| Mar 03, 2025 | 2024 (Q4) | ― | ― | ||||
| Oct 31, 2024 | 2024 (Q3) | ― | ― | ||||
| Aug 01, 2024 | 2024 (Q2) | ― | ― |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CON Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 03, 2025 | $22.31 | $22.37 | +0.27% |
| Oct 31, 2024 | $20.15 | $19.96 | -0.94% |
| Aug 01, 2024 | $22.52 | $22.51 | -0.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Concentra Group Holdings Parent, Inc. (CON) report earnings?
Concentra Group Holdings Parent, Inc. (CON) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Concentra Group Holdings Parent, Inc. (CON) earnings time?
Concentra Group Holdings Parent, Inc. (CON) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CON EPS forecast?
CON EPS forecast for the fiscal quarter 2025 (Q2) is 0.17.
---