ADDISON, Texas (AP) — ADDISON, Texas (AP) — Concentra Group Holdings Parent Inc. (CON) on Thursday reported fourth-quarter net income of $34.7 million.
The Addison, Texas-based company said it had profit of 27 cents per share. Earnings, adjusted for one-time gains and costs, were 28 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.
The provider of occupational health services posted revenue of $539.1 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $532.2 million.
For the year, the company reported profit of $166.4 million, or $1.30 per share. Revenue was reported as $2.16 billion.
Concentra expects full-year revenue in the range of $2.25 billion to $2.35 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CON at https://www.zacks.com/ap/CON