Healthcare Services Group Inc (HCSG, Financial) is set to release its Q3 2024 earnings on October 23, 2024. The consensus estimate for Q3 2024 revenue is $429.66 million, and the earnings are expected to come in at $0.20 per share. The full year 2024's revenue is expected to be $1.71 billion and the earnings are expected to be $0.63 per share. More detailed estimate data can be found on the Forecast page.
Healthcare Services Group Inc (HCSG, Financial) Estimate Trends
Over the past 90 days, revenue estimates for Healthcare Services Group Inc (HCSG) for the full year 2024 have declined from $1.72 billion to $1.71 billion, and for 2025, estimates have declined from $1.77 billion to $1.77 billion. Earnings estimates for the full year 2024 have declined from $0.81 per share to $0.63 per share, while for 2025, earnings estimates have increased from $0.87 per share to $0.88 per share.
Healthcare Services Group Inc (HCSG, Financial) Reported History
In the previous quarter of June 30, 2024, Healthcare Services Group Inc's (HCSG) actual revenue was $426.29 million, which beat analysts' revenue expectations of $424.90 million by 0.33%. Healthcare Services Group Inc's (HCSG) actual earnings were -$0.02 per share, which missed analysts' earnings expectations of $0.19 per share by -110.31%. After releasing the results, Healthcare Services Group Inc (HCSG) was down by -6.7% in one day.
Healthcare Services Group Inc (HCSG, Financial) 12 Month Price Targets
Based on the one-year price targets offered by four analysts, the average target price for Healthcare Services Group Inc (HCSG) is $14.25 with a high estimate of $17 and a low estimate of $12. The average target implies an upside of 36.36% from the current price of $10.45.
Based on GuruFocus estimates, the estimated GF Value for Healthcare Services Group Inc (HCSG, Financial) in one year is $14.51, suggesting an upside of 38.85% from the current price of $10.45.
Based on the consensus recommendation from five brokerage firms, Healthcare Services Group Inc's (HCSG, Financial) average brokerage recommendation is currently 2.6, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies a Strong Buy, and 5 denotes a Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
