Privia Health Group Inc reports results for the quarter ended June 30 - Earnings Summary

• Privia Health Group Inc PRVA reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 2 cents to 8 cents per share.

• Revenue fell 28.4% to $521.15 million from a year ago; analysts expected $800.10 million.

• Privia Health Group Inc's reported EPS for the quarter was 2 cents​.

• The company reported quarterly net income of $2.69 million.

• Privia Health Group Inc shares had fallen by 14.0% this quarter and gained 1.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the healthcare facilities & services peer group is also "buy"

• Wall Street's median 12-month price target for Privia Health Group Inc is $30.00, about 34.1% above its last closing price of $19.78

This summary was machine generated from LSEG data August 7 at 04:40 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)