Guardian Pharmacy Services, Inc. Reports Third Quarter 2024 Financial Results
Guardian Pharmacy Services, Inc. Class A (GRDN)
Company Research
Source: Business Wire
ATLANTA--(BUSINESS WIRE)--Guardian Pharmacy Services, Inc. (“Guardian”) (NYSE: GRDN), one of the nation’s largest long-term care (LTC) pharmacy services companies, today announced financial results for the third quarter ended September 30, 2024.Third Quarter 2024 HighlightsThree Months Ended September 30, 2024Revenue of $314.4 million, an increase of 20% year-over-year, driven by organic growth of the business and the previously announced acquisition of Heartland Pharmacy completed on April 1, 2024. Revenue was also positively impacted by an increase in brand drug usage as well as higher acuity residents requiring more medications.Resident Count of 180,000 at the end of the quarter, an increase of 12% year-over-year, which can be attributed to organic growth of the business and the Heartland Pharmacy acquisition.Net Income (loss) of ($105.8) million, a decrease of $98.8 million year-over-year, primarily attributable to $122.4 million of share-based compensation expense associated
Show less
Read more
Impact Snapshot
Event Time:
GRDN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GRDN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GRDN alerts
High impacting Guardian Pharmacy Services, Inc. Class A news events
Weekly update
A roundup of the hottest topics
GRDN
News
- Guardian Pharmacy Services Expands to New Jersey Through Partnership with Freedom PharmacyBusiness Wire
- Guardian Pharmacy Services, Inc. (NYSE: GRDN) had its price target raised by analysts at Truist Financial Co. from $22.00 to $24.00. They now have a "buy" rating on the stock.MarketBeat
- Guardian Pharmacy Services, Inc. to Participate in Upcoming Investor ConferenceBusiness Wire
- Guardian Pharmacy Services, Inc. to Report Third Quarter 2024 Financial Results and Host Conference CallBusiness Wire
- Guardian Pharmacy Services, Inc. (NYSE: GRDN) is now covered by analysts at Stephens. They set an "overweight" rating and a $21.00 price target on the stock.MarketBeat
GRDN
Sec Filings
- 12/20/24 - Form 8-K
- 12/6/24 - Form SC
- 11/20/24 - Form 4
- GRDN's page on the SEC website