NASDAQ$ASTH

Astrana Health Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Announced consolidated financial results for the third quarter ended September 30, 2024.

Astrana Health reported strong third-quarter results driven by the Astrana care model and value-based care enablement platform, demonstrating strong organic and inorganic growth while effectively managing costs and delivering high-quality care. The company is confident in its platform’s ability to improve access, quality, and coordination of care for around 1.1 million patients.

  • Strong third quarter reflects the outcomes of the Astrana care model and value-based care enablement platform.
  • Continued to see strong organic and inorganic growth across businesses.
  • Delivered high-quality care and managed costs effectively in the quarter.
  • Confident in the platform’s ability to continue improving access, quality, and coordination of care for around 1.1 million patients.

Headline financials

Total Revenue

$479M

Previous: $348M+37.5%
EPS

$0.33

Previous: $0.47-29.8%
Adjusted EBITDA

$45.2M

No prior period
Capital Expenditures

-$5.5M

Previous: -$21.5M+74.4%
Free Cash Flow

$10.6M

Previous: $587K+1704.8%
Net Income

$16.1M

Previous: $22.1M-27.0%
Operating Income

$28.4M

Previous: $39.1M-27.3%
Gross Profit

-$412M

Previous: -$279M-47.6%
Cash & Equivalents

$348M

Previous: $274M+27.0%
Total Assets

$1.29B

Previous: $1.07B+19.8%
Stock-Based Comp

$6.16M

Previous: $5.71M+8.0%

Revenue & EPS history

Astrana Health · Revenue · Quarterly

$479M

Q3 2024+37.5%vs Q3 2023
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Forward guidance

Astrana Health is raising its revenue guidance and narrowing its net income attributable to Astrana, Adjusted EBITDA, and EPS guidance for the year ending December 31, 2024, to incorporate CHS's financial contribution.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.7%

Avg return

Earnings day

-2.1%

Avg return

5 days after

+2.1%

Avg return

30 days after

40%

23 / 57 earnings

Positive

+83.3%

Q3 2011

Best reaction

-40.5%

Q2 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+29.4%+22.5%+20.6%
Q3 2025-23.4%-29.4%-33.8%
Q1 2025-11.1%-20.8%-24.5%
Q4 2024-26.8%+5.0%+16.1%
Q3 2024-21.1%-27.9%-30.4%
Q2 2024-1.4%-1.8%+0.1%
Q1 2024-0.7%+1.5%+8.0%
Q4 2023+2.3%+1.8%-1.9%
Q3 2023+9.3%+2.9%+13.4%
Q2 2023+4.2%+3.5%-17.4%
Q1 2023+5.4%+7.0%-0.8%
Q4 2022+6.9%+5.2%+15.2%
Q3 2022+8.4%+8.9%-14.5%
Q2 2022-4.3%-11.0%-29.3%
Q1 2022-0.5%-5.4%-26.4%
Q4 2021-2.0%-11.0%-7.0%
Q3 2021+14.7%+30.5%+0.8%
Q2 2021-11.8%-10.7%-12.9%
Q1 2021+4.5%+4.7%+10.9%
Q4 2020+9.1%+8.8%+8.3%
Q3 2020-1.2%-1.6%+0.5%
Q2 2020+1.8%+2.4%+7.9%
Q1 2020-10.4%-11.6%+13.1%
Q4 2019-12.9%-24.0%+7.0%
Q3 2019-2.9%-0.9%+25.0%
Q2 2019-5.0%+4.8%+31.1%
Q1 2019-1.2%-4.3%-29.7%
Q4 2018-6.4%-8.3%-6.9%
Q3 2018+26.3%+4.0%-4.6%
Q2 2018-13.7%-23.3%-32.2%
Q4 2017+10.8%-6.3%+2.1%
Q1 2018+10.8%-6.3%+2.1%
Q3 2017+3.9%+3.9%+140.0%
Q2 2017+0.0%+0.0%-10.5%
Q1 2017+0.0%+6.7%+36.7%
Q1 2016+4.0%+4.0%+0.0%
Q3 2016-4.8%
Q2 2016-12.9%
Q1 2015-6.5%
Q3 2015-3.2%
Q2 2015+0.0%
Q2 2014+15.6%
Q4 2013
Q3 2013+1.6%
Q2 2013+13.5%
Q1 2013-13.3%
Q4 2012-2.2%
Q3 2012-9.1%
Q2 2012-40.5%
Q1 2012+0.0%
Q4 2011
Q3 2011+83.3%
Q2 2011+0.5%
Q1 2011-0.5%
Q4 2010-3.9%
Q3 2010+19.0%
Q2 2010+0.0%
Q1 2010-2.1%
Q4 2009+9.9%

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