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Concentra Group beat Q1 earnings expectations, yet its stock still fell, with analysts staying optimistic.
Concentra Group Holdings Parent (CON) reported Q1 earnings of $0.17 per share, slightly above analysts' expectations of $0.16, with revenue at $465 million as forecasted.
Despite the positive financial performance, CON's stock fell 0.9% to close at $22.38.
The company announced a $0.0625 quarterly dividend.
Analysts remain optimistic, with a consensus "Buy" rating and a target price of $28.63.
Concentra provides occupational health services across the US.
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Concentra Group superó las expectativas de ganancias del primer trimestre, pero sus acciones aún cayeron, y los analistas se mantuvieron optimistas.