R1 RCM earnings, Revenue miss in Q3

  • Investing.com
R1 RCM earnings, Revenue miss in Q3
Credit: © Reuters.

Investing.com - R1 RCM reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

R1 RCM announced earnings per share of $0.08 on revenue of $496M. Analysts polled by Investing.com anticipated EPS of $0.15 on revenue of $523.38M.

R1 RCM shares are down 35% from the beginning of the year and are trading at $7.12 , down-from-52-week-high.

R1 RCM shares lost 51.73% in intra-day trade the report.

R1 RCM follows other major Healthcare sector earnings this month

R1 RCM's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.

J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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