Concentra: Overview of Fourth Quarter Financial Results

Concentra Group Holdings Parent Inc. Announces Fourth-Quarter Earnings

Concentra Group Holdings Parent Inc., headquartered in Addison, Texas, revealed a net income of $34.7 million for the fourth quarter.

The company reported earnings of $0.27 per share, or $0.28 per share after adjusting for special items. These results surpassed the expectations of Wall Street analysts, who had predicted earnings of $0.23 per share, according to a survey by Zacks Investment Research.

During the quarter, Concentra generated $539.1 million in revenue, outperforming the consensus estimate of $532.2 million from three Zacks analysts.

For the full year, Concentra achieved a profit of $166.4 million, translating to $1.30 per share, with total revenue reaching $2.16 billion.

Looking ahead, the company anticipates its annual revenue will fall between $2.25 billion and $2.35 billion.