BrightSpring Health Services (BTSGU) Set to Post Quarterly Earnings on Friday

BrightSpring Health Services (NASDAQ:BTSGU) is expected to issue its results before the market opens on Friday, October 30th. Analysts expect BrightSpring Health Services to post earnings of $0.4728 per share and revenue of $3.88 billion for the quarter.

BrightSpring Health Services Price Performance

Shares of BTSGU stock opened at $195.18 on Thursday. The stock has a 50 day simple moving average of $197.05 and a 200-day simple moving average of $179.85. BrightSpring Health Services has a 12-month low of $105.89 and a 12-month high of $255.51.

BrightSpring Health Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, November 1st. Investors of record on Thursday, October 15th will be issued a dividend of $0.8438 per share. This is a boost from BrightSpring Health Services’s previous quarterly dividend of $0.8437. This represents a $3.38 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, October 15th.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of BrightSpring Health Services in a research report on Monday, September 21st. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

BrightSpring Health Services Company Profile

BrightSpring Health Services is a provider of pharmacy and home- and community-based healthcare services in the United States. The company serves individuals with complex or chronic medical needs, older adults, people with disabilities, and patients requiring post-acute care.

Its businesses include specialty and home-infusion pharmacy services, long-term-care pharmacy services, medication management, and hospice and palliative care. BrightSpring also provides home health, personal care, behavioral health, and other clinical and supportive services designed to help patients receive care in residential or community settings.

The company’s history includes the combination of BrightSpring Health Services and PharMerica, a long-term-care pharmacy provider, in 2019.