Concentra’s third-quarter revenue rose 8.6% to $622.12 million, above the $605.5 million estimate, while adjusted EPS rose 36.8% year over year. The company raised its 2026 revenue and adjusted EBITDA outlook and authorized a new $250 million share buyback.
Concentra reported third-quarter revenue of $622.12 million, compared with analyst estimates of $605.5 million. Adjusted EPS rose 36.8% year over year; reported EPS was $0.52, net income was $67.77 million and adjusted EBITDA was $140.2 million.
The company raised its 2026 revenue outlook to $2.36 billion-$2.38 billion and its adjusted EBITDA forecast to $505 million-$510 million. It expects free cash flow of $220 million-$240 million and authorized a new $250 million share buyback.
Total patient visits increased 4.9% year over year, driven by higher workers’ compensation and employer services volumes. Revenue per visit rose 3.3%, reflecting higher average charges across key service lines. Concentra opened three centers and acquired a four-center practice, bringing its occupational health center total to 639.
