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Stock impact report

MultiPlan Corporation (MPLN) Reports Q3 Loss, Lags Revenue Estimates [Yahoo! Finance]

MultiPlan Corporation Class A (MPLN) 
Company Research Source: Yahoo! Finance
This compares to loss of $2.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 21.94%. A quarter ago, it was expected that this company would post a loss of $1.60 per share when it actually produced a loss of $1.20, delivering a surprise of 25%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. MultiPlan , which belongs to the Zacks Medical Services industry, posted revenues of $230.5 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.18%. This compares to year-ago revenues of $242.8 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. MultiPlan shares have lost about 84.7 Show less Read more
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