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Earnings documents stored for AUNA.
Investor releaseQuarter not tagged2026-08-19Auna Q2 Earnings Call Highlights
MarketBeat
Auna Q2 Earnings Call Highlights
Interested in Auna S.A.? Here are five stocks we like better. Auna’s revenue grew 9% year over year on an FX-neutral basis, driven by higher patient volumes and a greater mix of complex services, but adjusted EBITDA fell 9% amid margin pressure, talent investments and Peru billing penalties. Mexico patient volumes recovered, with sequential increases in surgeries and oncology treatments, while Colombia revenue rose 13% as the company expanded private-payer and risk-sharing contracts. Peru revenue increased 8%, though EBITDA was held flat by billing-related penalties and higher operating costs. Cash generation and leverage improved significantly: first-half operating cash flow rose 45%, free cash flow increased 181% and leverage declined to 3.6 times. Auna reaffirmed its outlook for roughly 12% FX-neutral revenue growth and adjusted EBITDA growth near the low end of its 10%-14% target range. Auna (NYSE:AUNA) reported second-quarter results marked by continued revenue growth, improving cash generation and a sequential recovery in patient volumes in Mexico, though adjusted EBITDA declined amid margin pressures, talent investments and billing-related penalties in Peru. Executive Chairman and President Suso Zamora said consolidated revenue increased 9% year over year on an FX-neutral basis, driven by higher volumes and a greater mix of high-complexity services across Mexico, Peru and Colombia. Consolidated adjusted EBITDA declined 9%, reflecting temporary pressure in Mexico and Colombia and accepted penalties tied primarily to the reconciliation of prior-year receivables in Peru. → Looking Beyond CrowdStrike? 3 AI Security Stocks Stand Out “Despite encountering margin pressures across each of our markets during the quarter, the underlying performance of the business remains robust,” Zamora said, citing continued demand across the company’s regional healthcare platform. Mexico showed an accelerating recovery in patient volumes during the quarter. Surgeries rose 7% sequentially, while oncology chemotherapies and radiotherapies increased 20% from the first quarter. On a year-over-year basis, surgery volumes increased 6% and chemotherapy and radiotherapy volumes grew 86%, according to Chief Financial Officer and Executive Vice President Gisele Remy. → 3 Robotics Stocks Under $10: Value, Momentum, or Bet? The company attributed the recovery to improved tier classifica…Read full documentShow less
Interested in Auna S.A.? Here are five stocks we like better. Auna’s revenue grew 9% year over year on an FX-neutral basis, driven by higher patient volumes and a greater mix of complex services, but adjusted EBITDA fell 9% amid margin pressure, talent investments and Peru billing penalties. Mexico patient volumes recovered, with sequential increases in surgeries and oncology treatments, while Colombia revenue rose 13% as the company expanded private-payer and risk-sharing contracts. Peru revenue increased 8%, though EBITDA was held flat by billing-related penalties and higher operating costs. Cash generation and leverage improved significantly: first-half operating cash flow rose 45%, free cash flow increased 181% and leverage declined to 3.6 times. Auna reaffirmed its outlook for roughly 12% FX-neutral revenue growth and adjusted EBITDA growth near the low end of its 10%-14% target range. Auna (NYSE:AUNA) reported second-quarter results marked by continued revenue growth, improving cash generation and a sequential recovery in patient volumes in Mexico, though adjusted EBITDA declined amid margin pressures, talent investments and billing-related penalties in Peru. Executive Chairman and President Suso Zamora said consolidated revenue increased 9% year over year on an FX-neutral basis, driven by higher volumes and a greater mix of high-complexity services across Mexico, Peru and Colombia. Consolidated adjusted EBITDA declined 9%, reflecting temporary pressure in Mexico and Colombia and accepted penalties tied primarily to the reconciliation of prior-year receivables in Peru. → Looking Beyond CrowdStrike? 3 AI Security Stocks Stand Out “Despite encountering margin pressures across each of our markets during the quarter, the underlying performance of the business remains robust,” Zamora said, citing continued demand across the company’s regional healthcare platform. Mexico showed an accelerating recovery in patient volumes during the quarter. Surgeries rose 7% sequentially, while oncology chemotherapies and radiotherapies increased 20% from the first quarter. On a year-over-year basis, surgery volumes increased 6% and chemotherapy and radiotherapy volumes grew 86%, according to Chief Financial Officer and Executive Vice President Gisele Remy. → 3 Robotics Stocks Under $10: Value, Momentum, or Bet? The company attributed the recovery to improved tier classifications with major insurers, expansion of oncology services, physician onboarding and productivity, and favorable pricing in high-complexity care. A new ISSSTE León government contract, surgical and hemodynamics packages, and out-of-pocket revenue also contributed. Mexico revenue increased 4% year over year and 5% sequentially. Adjusted EBITDA rose 3% sequentially but declined 16% from a year earlier, primarily because of continued investment in medical and leadership talent. Zamora said April’s Easter holidays and Mexico’s new value-added tax on insurance affected the quarter, though volumes and revenue increased noticeably in May and June. → Michael Burry Is Betting Against Palantir Again—Should Investors Care? Auna said it expects stronger year-over-year growth in Mexico in the second half as high-productivity physicians are added and high-complexity services continue expanding. The company also plans to inaugurate an Elekta Evo linear accelerator in September. Peru revenue rose 8%, supported by higher average ticket sizes, membership growth and greater penetration of the business-to-business market. Oncosalud revenue increased 11%, helped by annual price adjustments, service mix improvements and a 6% increase in memberships. Membership expansion included a new B2B plan covering 7,000 Serpal employees. Commercial initiatives also drove a 9% year-over-year increase in emergency treatments, while capacity utilization reached 83%. Despite the top-line growth, Peru adjusted EBITDA was flat year over year. The company cited accepted penalties related to billing matters, primarily involving prior-year receivables reconciliations, as well as B2B onboarding costs, physician retention incentives, overtime and pharmacy expenses. Remy said financial pressure among Peruvian payers had led to stricter enforcement of billing deadlines and settlement terms. Auna is shortening its billing cycle and strengthening financial controls, and it expects to finalize open negotiations involving prior-year billing matters during 2026. After the quarter ended, Auna took possession of a facility that will expand capacity in southern Lima. The project is expected to add 30 beds and expand surgery and chemotherapy capacity, with operations expected between late 2027 and early 2028. The company also acquired a Versius SP4 robotic system for minimally invasive procedures. Colombia revenue increased 13%, supported by private-payer relationships and risk-sharing agreements. Risk-sharing contracts represented 24% of Colombian revenue, up from 14% a year earlier, and covered more than 3 million lives. Revenue from private payers grew 17% and represented 18% of Colombia’s quarterly revenue. At the same time, revenue from intervening payers fell to 12% from 18% a year earlier. Capacity utilization rose to 79.2%, exceeding levels seen before the Nueva EPS intervention, the company said. Colombian adjusted EBITDA declined 12% year over year due to higher costs associated with more complex care, statutory wage increases, talent investments and the growing risk-sharing contract mix. However, adjusted EBITDA increased 18% sequentially, and margins expanded by 1.7 percentage points. Auna expects contractual price increases in the second half to offset much of the cost pressure. Following the quarter, the company expanded capacity at IMAT Oncomédica facilities in Montería by adding 18 adult intensive-care beds and 24 hospitalization beds, which it said required minimal additional capital spending. Adjusted net income was PEN 40 million in the second quarter. Remy said the year-over-year change was affected by a PEN 61 million decline in foreign-exchange gains after the company reset the levels of FX hedges related to debt at the end of 2025. Net cash from operating activities reached PEN 441 million for the first half, up 45% year over year, while free cash flow rose 181%. Auna attributed the improvement to working-capital management, collection recoveries, supply-chain financing initiatives and the use of tax credits. Cash increased 43% from year-end 2025, while leverage declined to 3.6 times from the first quarter. The company reaffirmed its full-year outlook for approximately 12% FX-neutral revenue growth. It expects adjusted EBITDA growth toward the low end of its 10% to 14% target range, excluding the impact of accepted billing penalties in Peru. Management also expects leverage to continue declining toward its medium-term target of less than three times net debt to adjusted EBITDA. Auna, listed on the New York Stock Exchange under the ticker symbol AUNA, is a Peruvian integrated healthcare services company headquartered in Lima. The firm operates a diversified care network that spans hospitals, outpatient medical centers, diagnostic imaging and laboratory facilities, as well as optical and dental clinics. Auna's organizational structure is designed to support a continuum of care model, offering both general and specialized treatments across multiple touchpoints. The company delivers a broad range of clinical services, including emergency care, inpatient and outpatient surgery, obstetrics, cardiology, oncology, orthopedics, and other specialized disciplines. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Auna Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.
Investor releaseQuarter not tagged2026-08-19Auna S.A. Q2 2026 Earnings Call Summary
Moby
Auna S.A. Q2 2026 Earnings Call Summary
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Consolidated revenue growth of 9% was driven by a strategic shift toward high-complexity services, including a 20% sequential increase in oncology treatments in Mexico. Adjusted EBITDA declined 9% due to temporary margin pressures from investments in medical leadership talent in Mexico and billing reconciliation penalties in Peru. In Mexico, the company successfully secured improved tier classifications with major insurers, which accelerated patient volume recovery following operational enhancements implemented last year. The Colombia segment demonstrated a successful pivot in payer mix, with risk-sharing agreements now representing 24% of revenue, up from 14% a year ago, enhancing cash predictability. Peru's performance was bolstered by a 6% expansion in memberships, including a significant new B2B contract for 7,000 employees, despite onboarding costs impacting short-term profitability. Management attributed the 181% increase in free cash flow to disciplined working capital management, improved collections in Colombia, and the strategic use of supply chain financing. Management reaffirmed full-year 2026 revenue guidance of approximately 12% FX-neutral growth, supported by strong volume recovery trends in Mexico. Adjusted EBITDA growth is expected at the low end of the 10% to 14% range, excluding the impact of one-time billing penalties in Peru. The company expects to reach its medium-term leverage target of less than 3x net debt to EBITDA by the end of the year, driven by sequential EBITDA improvements and robust cash generation. Strategic capacity expansion is underway with a new clinical facility in Lima Sur expected to be operational by late 2027 or early 2028 using an asset-light model. Profitability in Colombia is projected to improve in the second half of 2026 as contractual price increases take full effect to offset statutory wage hikes and talent investments. Accepted billing penalties in Peru related to prior-year receivables reconciliation impacted quarterly EBITDA; management expects to finalize all such legacy negotiations within 2026. Mexico's quarterly growth was partially tempered by the timing of Easter holidays and the implementation of a new value-added tax on insurance. Auna is selective…Read full documentShow less
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Consolidated revenue growth of 9% was driven by a strategic shift toward high-complexity services, including a 20% sequential increase in oncology treatments in Mexico. Adjusted EBITDA declined 9% due to temporary margin pressures from investments in medical leadership talent in Mexico and billing reconciliation penalties in Peru. In Mexico, the company successfully secured improved tier classifications with major insurers, which accelerated patient volume recovery following operational enhancements implemented last year. The Colombia segment demonstrated a successful pivot in payer mix, with risk-sharing agreements now representing 24% of revenue, up from 14% a year ago, enhancing cash predictability. Peru's performance was bolstered by a 6% expansion in memberships, including a significant new B2B contract for 7,000 employees, despite onboarding costs impacting short-term profitability. Management attributed the 181% increase in free cash flow to disciplined working capital management, improved collections in Colombia, and the strategic use of supply chain financing. Management reaffirmed full-year 2026 revenue guidance of approximately 12% FX-neutral growth, supported by strong volume recovery trends in Mexico. Adjusted EBITDA growth is expected at the low end of the 10% to 14% range, excluding the impact of one-time billing penalties in Peru. The company expects to reach its medium-term leverage target of less than 3x net debt to EBITDA by the end of the year, driven by sequential EBITDA improvements and robust cash generation. Strategic capacity expansion is underway with a new clinical facility in Lima Sur expected to be operational by late 2027 or early 2028 using an asset-light model. Profitability in Colombia is projected to improve in the second half of 2026 as contractual price increases take full effect to offset statutory wage hikes and talent investments. Accepted billing penalties in Peru related to prior-year receivables reconciliation impacted quarterly EBITDA; management expects to finalize all such legacy negotiations within 2026. Mexico's quarterly growth was partially tempered by the timing of Easter holidays and the implementation of a new value-added tax on insurance. Auna is selectively resuming growth capital investments in Colombia following the government's emergency stabilization plan, focusing on capital-efficient capacity additions like the new ICU beds in Monteria. Foreign exchange gains decreased by PEN 61 million year-over-year following a strategic reset of FX hedges at the end of 2025 to reduce future volatility. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management confirmed that improvements in accounts receivable days are sustainable due to shortened internal billing cycles and a higher mix of faster-paying risk-sharing contracts. Supplier financing initiatives have successfully extended payable days without negatively impacting the underlying cost structure or margins. The cash flow benefit also included the strategic utilization of VAT credits, particularly in the Peruvian market. The increase in penalties reflects a sector-wide trend where Peruvian payers are tightening enforcement of billing deadlines due to their own financial pressures. Auna has implemented a 'no tolerance' internal hurdle for service delivery and billing accuracy to eliminate future penalty exposure. Management views the 2026 adjustments as a 'reset' and expressed confidence that these retrospective reconciliations will not persist into 2027.
Investor releaseQuarter not tagged2026-08-19Auna SA (AUNA) (Q2 2026) Earnings Call Highlights: Revenue Climbs 9% on Volume Growth, but ...
GuruFocus.com
Auna SA (AUNA) (Q2 2026) Earnings Call Highlights: Revenue Climbs 9% on Volume Growth, but ...
This article first appeared on GuruFocus. Release Date: August 19, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Consolidated revenue grew 9% year-over-year, driven by volume growth and a better mix of high-complexity services across all markets. Mexico showed strong sequential recovery, with surgeries up 7% and oncology treatments up 20% versus Q1 2026. Peru's Oncosalud revenue increased 11%, supported by a 6% membership growth and a new B2B plan covering 7,000 employees. Colombia's adjusted EBITDA improved 18% sequentially, with capacity utilization rising to 79.2% and risk-sharing contracts now covering over 3 million lives. Free cash flow surged 181% year-over-year, and cash position grew 43% since year-end 2025, reflecting strong working capital management. Leverage improved to 3.6 times net debt to EBITDA, with expectations to move closer to the 3 times target by year-end. The company reaffirmed its full-year 2026 revenue guidance of approximately 12% FX-neutral growth. Consolidated adjusted EBITDA declined 9% on an FX-neutral basis, impacted by margin pressures in Mexico and Colombia and billing penalties in Peru. Mexico's adjusted EBITDA fell 16% year-over-year due to continued investments in medical and leadership talent, plus the impact of Easter holidays and a new VAT on insurance. Peru's adjusted EBITDA was flat, affected by accepted penalties related to prior-year billing reconciliations and higher B2B onboarding costs. Colombia's adjusted EBITDA decreased 12% year-over-year, reflecting higher costs from greater complexity, minimum wage increases, and the growing mix of risk-sharing agreements. Adjusted net income was impacted by a $61 million decrease in FX gains due to resetting FX hedges at the end of 2025. The company expects adjusted EBITDA growth to be at the low end of its 10%-14% guidance range, excluding the impact of Peru's billing penalties. Warning! GuruFocus has detected 5 Warning Signs with AUNA. Is AUNA fairly valued? Test your thesis with our free DCF calculator. Q: How much of the working capital improvement came from ordinary payment timing versus supplier financing or other mechanisms, and what is the underlying cash conversion if adjusted for these programs? A: Giselle Rami, CFO and Executive Vice President, explained that the majority of the improvement on the accou…Read full documentShow less
This article first appeared on GuruFocus. Release Date: August 19, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Consolidated revenue grew 9% year-over-year, driven by volume growth and a better mix of high-complexity services across all markets. Mexico showed strong sequential recovery, with surgeries up 7% and oncology treatments up 20% versus Q1 2026. Peru's Oncosalud revenue increased 11%, supported by a 6% membership growth and a new B2B plan covering 7,000 employees. Colombia's adjusted EBITDA improved 18% sequentially, with capacity utilization rising to 79.2% and risk-sharing contracts now covering over 3 million lives. Free cash flow surged 181% year-over-year, and cash position grew 43% since year-end 2025, reflecting strong working capital management. Leverage improved to 3.6 times net debt to EBITDA, with expectations to move closer to the 3 times target by year-end. The company reaffirmed its full-year 2026 revenue guidance of approximately 12% FX-neutral growth. Consolidated adjusted EBITDA declined 9% on an FX-neutral basis, impacted by margin pressures in Mexico and Colombia and billing penalties in Peru. Mexico's adjusted EBITDA fell 16% year-over-year due to continued investments in medical and leadership talent, plus the impact of Easter holidays and a new VAT on insurance. Peru's adjusted EBITDA was flat, affected by accepted penalties related to prior-year billing reconciliations and higher B2B onboarding costs. Colombia's adjusted EBITDA decreased 12% year-over-year, reflecting higher costs from greater complexity, minimum wage increases, and the growing mix of risk-sharing agreements. Adjusted net income was impacted by a $61 million decrease in FX gains due to resetting FX hedges at the end of 2025. The company expects adjusted EBITDA growth to be at the low end of its 10%-14% guidance range, excluding the impact of Peru's billing penalties. Warning! GuruFocus has detected 5 Warning Signs with AUNA. Is AUNA fairly valued? Test your thesis with our free DCF calculator. Q: How much of the working capital improvement came from ordinary payment timing versus supplier financing or other mechanisms, and what is the underlying cash conversion if adjusted for these programs? A: Giselle Rami, CFO and Executive Vice President, explained that the majority of the improvement on the accounts receivable side is due to reduced billing cycles, particularly in Colombia and Peru, and a higher proportion of faster-paying risk-sharing contracts. The accounts payable gains are attributed to sustainable supply chain financing initiatives with financial institutions. She clarified that these improvements are sustainable and do not require adjustments, with working capital also benefiting from VAT credits in Peru. Q: Have you changed the methodology and controls to estimate expected payer deductions in Peru, and what evidence gives confidence that the 2026 receivables vintage will not require similar retrospective adjustments? A: CFO Giselle Rami acknowledged higher billing penalties in Peru due to sector-wide financial pressure on payers tightening enforcement. She stated that Auna is actively shortening internal billing cycles and strengthening financial controls to eliminate future exposure. All open negotiations related to prior-year billing matters are expected to be finalized during 2026, making this a short-term impact. Executive Chairman Tuso Zamora added that the company has implemented a "zero tolerance" approach to service delivery and payment discussions, fundamentally changing the entire service and collection cycle. Q: Does the supplier financing benefit come at the expense of cost, explaining the margin impact? A: CFO Giselle Rami confirmed that the supply chain financing initiatives do not impact the cost structure, as they were the result of close negotiations and onboarding with suppliers. Q: What drove the consolidated revenue growth and adjusted EBITDA decline in Q2 2026? A: Executive Chairman Tuso Zamora reported a 9% increase in consolidated revenue, driven by volume growth and a better mix of higher-complexity services across Mexico, Peru, and Colombia. However, consolidated adjusted EBITDA decreased 9% on an FX-neutral basis due to temporary margin pressures in Mexico and Colombia, as well as accepted penalties related to billing reconciliations of prior years' receivables in Peru. Q: What is driving the recovery in Mexico, and what are the expectations for the second half of the year? A: Tuso Zamora highlighted that Mexico's recovery accelerated, with surgeries increasing 7% and oncology chemotherapies/radiotherapies increasing 20% sequentially. This was attributed to improved tier classifications with major insurers and expanded oncology offerings. Despite a 16% year-over-year adjusted EBITDA decline due to talent investments, the company expects stronger year-over-year growth in the latter half, supported by a noticeable volume and revenue increase in May and June. Q: What are the key drivers of Peru's performance and the outlook for profitability? A: Tuso Zamora noted that Peru achieved 8% revenue growth, driven by higher average tickets, 6% membership expansion, and a new B2B plan covering 7,000 Serapal employees. Adjusted EBITDA was flat year-over-year due to billing penalties and higher B2B onboarding costs, physician retention incentives, and pharmacy costs. The company expects profitability to improve as onboarding costs normalize, with a new clinical facility in south Lima expected to become operational between end-2027 and early 2028. Q: How is Colombia's diversification strategy progressing, and what is the margin outlook? A: Tuso Zamora reported that risk-sharing agreements now constitute 24% of Colombia's revenue, up from 14% a year ago, covering over 3 million lives. Intervened payers declined to 12% of revenue from 18%. While adjusted EBITDA declined 12% year-over-year due to higher complexity costs and wage increases, it improved 18% sequentially. The company anticipates contractual price increases in the second half to largely offset cost pressures and support stronger EBITDA growth. Q: What is the company's leverage and cash flow position, and what are the expectations for the remainder of 2026? A: CFO Giselle Rami stated that leverage decreased to 3.6 times from Q1 2026, supported by strong cash generation. Cash increased 43% against year-end 2025, and free cash flow grew 181% year-over-year. The company expects leverage to continue improving by year-end, moving closer to the medium-term target of 3 times net debt to EBITDA. Gross debt fell by $43 million on an FX-neutral basis, with 56% of debt in local currency and 85% of USD debt hedged to the Peruvian sol. Q: What is the full-year 2026 guidance, and how are the billing penalties impacting it? A: Tuso Zamora reaffirmed full-year 2026 revenue guidance of approximately 12% FX-neutral growth. Adjusted EBITDA growth is expected toward the low end of the 10% to 14% guidance range, excluding the impact of Peru's accepted billing penalties. The company expects continued leverage reduction and free cash flow to exceed original expectations, supported by a strong recovery in Mexico and operational improvements in Colombia. Q: What strategic investments are being made to support growth? A: Tuso Zamora highlighted several investments, including an Elekta EVO linear accelerator in Monterrey, Mexico, a Versys FP4 robotic system in Peru, expanded capacity at EMAX Oncomedica facilities in Monteria, Colombia (18 adult ICU beds and 24 hospitalization beds), and a new clinical facility in south Lima. These investments are expected to be accretive to the company's competitive advantage and support high-complexity care growth. For the complete transcript of the earnings call, please refer to the full earnings call transcript.
TranscriptFY2026 Q22026-08-19FY2026 Q2 earnings call transcript
Earnings source - 60 paragraphs
FY2026 Q2 earnings call transcript
Good morning, and welcome to Auna's second quarter 2026 earnings conference call. My name is Rob, and I will be your operator for today's call. At this time, all participants are in listen-only mode, and please note that this call is being recorded. There will be an opportunity for you to ask questions at the end of today's presentation. Now, I would like to turn the call over to Ana María Mora, Head of Investor Relations. Ma'am, please go ahead.
Thank you, operator. Hello, everyone, and welcome to Auna's conference call to review our second quarter results. Please note that there is a webcast presentation to accompany the discussion during this call. If you need a copy of the presentation, please go to our investor relations website or contact Auna's investor relations team. Please note that when we discuss variances, we will be doing so on a year-over-year basis and in FX neutral or local currency terms with regard to Mexico and Colombia, unless we note otherwise.
Let's move to slide two. In addition to reporting unaudited financial results in accordance with International Financial Reporting Standards, we will discuss certain non-IFRS financial measures and operating metrics, including foreign exchange neutral calculations. Investors should carefully read the definitions of these measures, the metrics, and reconciliations included in our earnings press release published yesterday after market close to ensure that they understand them.
Non-IFRS financial measures and operating metrics should not be considered in isolation as a substitute for or superior to IFRS financial measures and are provided as supplemental information only. Before we begin our remarks, please also note that certain statements made during the course of today's discussion may constitute forward-looking statements, which are based on management's current expectations and beliefs, and which are subject to a number of risks and uncertainties that could cause actual results to materially differ, including factors that may be beyond the company's control.
These include, but are not limited to, our target leverage ratio, suppliers, and information systems in Mexico, the results of key initiatives we're implementing in Mexico, Colombia, and Peru, the expected capacity and market of Torre Trecca once built, the execution of our strategic plan, including the recovery of our growth levels and the rollout of The AunaWay in Mexico, our planned investment, our expected revenue growth and adjusted EBITDA growth, our revenue and adjusted EBITDA guidance, and the creation of further growth and sustainable value for all stakeholders.
For a description of risks that may impact our forward-looking statements, please refer to our Form 20-F filing with the U.S. Securities and Exchange Commission and our earnings press release. Slide three, please. On today's call, we have Suso Zamora, our Executive Chairman and President, Gisele Remy, our Chief Financial Officer and Executive Vice President, and Lorenzo Massart, our Executive Vice President of Strategy and Equity Capital Markets. They will discuss Auna's consolidated and segment financial and operating results for the quarter, as well as provide an update on our various strategic growth initiatives. After that, we will open the call for your questions. Suso, please go ahead.
Thanks, Annie. Great. Let's turn to slide four, please. Our second quarter results demonstrate sustained commercial momentum across Auna's regional healthcare platform and substantial progress in the operational enhancements we implemented last year, particularly in Mexico. Despite encountering margin pressures across each of our markets during the quarter, the underlying performance of the business remains robust, and we continue to see strong demand across the platform.
Consolidated revenue experienced a 9% increase during the quarter, primarily attributed to volume growth and an improved mix of higher complexity services across all three of our markets. Consolidated adjusted EBITDA decreased 9% on an FX neutral basis. This decline was attributed to temporary margin pressures in Mexico and Colombia, as well as the impacts of accepted penalties related to billing matters, primarily in the reconciliation of prior years' receivables in Peru.
In Mexico, the recovery in volumes accelerated during the quarter, with surgeries increasing 7% and oncology chemotherapies and radiotherapies increasing by 20% compared to the first quarter of 2026. This growth was attributed to the continued benefits of the improved tier classifications secured with major insurers and from the expansion of Auna's oncology offerings. Favorable pricing in high complexity care and the improved economics of our new ISSSTE León contract also contributed to a 4% increase in revenues.
Peru achieved 8% revenue growth, primarily attributed to a higher average ticket and sustained membership expansion. Aligned with Auna's business model, growth of high complexity surgeries also supported increases in the quarter, in conjunction with an increasing penetration of the B2B market. In Colombia, volumes and capacity utilization experienced a second consecutive quarter of growth, contributing to an 18% sequential increase in adjusted EBITDA.
Our leverage decreased to 3.6x from the first quarter of 2026, supported by the cash generation of the business. Additionally, we strengthened our cash position once again this quarter. Cash increased 43% against year-end 2025. And free cash flow increased 181% year-over-year, reflecting the disciplined cash management we continue to maintain across Auna's regional platform, including improved collections in Colombia.
Let's move to slide 5. Despite our platform's robust revenue growth and positive cash flow, consolidated adjusted EBITDA experienced a decline, primarily reflecting our investments in Mexico's medical and leadership talent to facilitate growth, as well as the billing reconciliations in Peru. As illustrated in the lower portion of the slide, capacity utilization across our healthcare services witnessed a 2.3 percentage points year-to-date increase to 66%, and a sequential increase of 2.8 percentage points.
On the insurance side of Auna's platform, memberships continue to expand, experiencing a 6% increase in the quarter. Additionally, MLR remains stable around 50%. Let's move to slide seven to take a closer look at Mexico's performance. In Mexico, the sequential increase in patient volumes was once again concentrated in high complexity areas, particularly surgeries and oncology, resulting in a 7% and 20% increase respectively. Oncology continued to perform exceptionally well, with revenues increasing by 110% from the first quarter of 2025, and 6% sequentially. In September, Auna will be inaugurating an Elekta Evo linear accelerator in Montería.
The most advanced linear accelerators available for radiology on the market to provide the best-in-class treatment for our patients. Increased physician onboarding and productivity also contributed to growth during the quarter. Other growth drivers included our ISSSTE León B2G agreement, surgical and hemodynamics packages, and out-of-pocket revenues, which collectively helped Mexico achieve 4% revenue growth. Revenue also increased 5% sequentially, while adjusted EBITDA increased 3%. On a year-over-year basis, adjusted EBITDA declined 16%, primarily due to our continued investments in medical and leadership talent.
The growth during the quarter was impacted by the Easter holidays in April and the impact of the new value-added tax on insurance in Mexico. We observed a noticeable increase in volumes and revenue in May and June, and we expect stronger year-over-year growth in the latter half of the year. Auna is also committed to enhancing variable cost efficiencies in Mexico. Beyond the margin benefit, this strengthens our value proposition with the country's largest insurers and remains a significant competitive advantage for Auna.
Slide eight, please. In Peru, both Oncosalud and healthcare services contributed to revenue growth during the quarter. Oncosalud's revenue increased 11%, driven by annual price adjustments and improved service mix and 6% membership growth. Membership growth was also supported by a new B2B plan covering 7,000 SEDAPAL employees, reflecting the progress we made in strengthening our commercial execution in the large corporate segment.
We are also witnessing positive momentum in healthcare services. New commercial initiatives targeting corporate policy holders contributed to a 9% increase in emergency treatments during the quarter, and by 14% from the first quarter of 2026. Capacity utilization reached 83%. Despite Peru's revenue growth and higher capacity utilization, adjusted EBITDA was flat year-over-year, in part due to the accepted penalties related to billing matters, primarily in the reconciliation of prior years' receivables.
Underlying profitability was also affected by higher B2B onboarding costs at Oncosalud, physician retention incentives, overtime expenses, and pharmacy costs. Following the quarter's close, we took possession of a new clinical facility that will expand our capacity in the south of Lima. The project will expand surgeries and chemotherapies and add 30 beds through an asset-light, cost-efficient model, and is expected to become operational between the end of 2027 and the beginning of 2028.
We also acquired a Versius SP4 robotic system designed to support minimally invasive procedures through independent robotic arms and a laparoscopic approach, strengthening Auna's high complexity surgical capabilities. Let's move to slide nine. In Colombia, we continue to make significant progress in diversifying our payer base and expanding risk-sharing agreements. These contracts now constitute 24% of our revenue, up from 14% a year ago, and cover more than 3 million lives.
They were a crucial contributor to our 13% revenue growth and are also enhancing cash conversion and predictability. Simultaneously, intervening payers declined to 12% of revenue from 18% last year, with growth from private payers more than offsetting that reduction. Higher volumes also continue to improve capacity utilization to 79.2% from the same period last year, which has now been above pre-Nueva EPS intervention levels.
Adjusted EBITDA declined 12% year-over-year, reflecting higher costs associated with greater complexity, the minimum wage increase, talent investment, and the growing mix of risk-sharing agreements. However, we observed a clear sequential improvement, with adjusted EBITDA increasing 18% and margins expanding 1.7 percentage points. We anticipate that contractual price increases in the second half to largely offset these cost pressures and support stronger EBITDA growth.
Finally, after being deliberately cautious with growth capital in Colombia over the past two years, with the recent elections and the plans of the new administration, we are beginning to invest selectively again. We are identifying attractive opportunities emerging in the market and intend to position ourselves to capture them.
Following the quarter end, in light of the new government emergency stabilization plan, we expanded operating capacity at our IMAT Oncomédica facilities in Montería, adding 18 adult ICU beds and 24 hospitalization beds. This capacity was largely ready for operation, thus necessitating minimal incremental CapEx, and we anticipate it to be highly accretive throughout the remainder of the year. We identify additional opportunities to continue expanding capacity in a similarly capital-efficient manner. With that, I will turn the call over to Gisele, who will review our results in a greater detail.
Thanks, Suso. My review begins with slide 11, which summarizes the main revenue drivers during the second quarter. In Mexico, growth was primarily driven by high complexity volumes, with surgery volumes increasing 6% and chemotherapy and radiotherapy volumes expanding 86% year-over-year. Peru's top-line growth was driven by new memberships, including the 7,000 SEDAPAL employees that Suso highlighted earlier.
Another significant driver was commercial initiatives that drove higher patient volumes within our healthcare network, as well as a greater mix of high-complexity surgeries. In Colombia, new relationships with private payers, as well as risk-sharing models, have replaced the revenue from the intervene payers that we have been gradually moving away from. Revenues from private payers grew 17% year-over-year and accounted for 18% of Colombia's revenues in the second quarter. Additionally, revenue from risk-sharing contracts now represents 24% of total revenue in Colombia.
Let's now turn to the EBITDA bridge on slide 12. The decrease in adjusted EBITDA reflects the lower contribution margins related to Mexico's service mix and our growth investments in talent. In Colombia, it reflects the variable costs of stabilizing our new risk-sharing contracts alongside statutory wage increases. We also experienced higher pharmacy costs associated with the period service mix in Mexico and the onboarding of new B2B contracts in Peru.
Another factor was the billing impacts in Peru, primarily related to prior year billing matters. We are actively compressing our internal billing cycle to minimize these impacts going forward and also expect to close all open negotiations related to reconciliations of previous years during 2026. During the second half of this year, we expect adjusted EBITDA to continue improving sequentially. This will be driven by increasing volumes and operational progress in Mexico, contractual price adjustments taking full effect to improve profitability in Colombia, and the stabilization of new risk-sharing contracts in Colombia, as well as new B2B contracts in Oncosalud, Peru.
Let's now move on to adjusted net income on slide 13. Adjusted net income was PEN 40 million in the second quarter. The variation versus the comparable period of last year was primarily impacted by a decrease of PEN 61 million in FX gains as a result of resetting the levels of our FX hedges related to our debt at the end of 2025, which will help reduce FX volatility going forward. While operating profit declined, this was more than offset by income taxes falling in a greater proportion. Let's now move to slide 14, please. Cash flow generation continued to be a key highlight for the quarter.
Net cash from operating activities reached PEN 441 million for the first six months of the year, representing a 45% increase year-over-year, while free cash flow grew by 181%. The strong growth in cash flow primarily stems from improved working capital management, higher collections recoveries, various supply chain financing initiatives that we have implemented across Auna's regional platform, and finally, the utilization of tax credits.
Our cash position also increased substantially, growing 43% since year-end 2025. While organic maintenance CapEx remained relatively flat year-over-year, cash used in the period for payments of maintenance CapEx dropped slightly versus year-to-date 2025 as finance leases in year-to-date 2026 funded a larger portion of acquisitions. Let's now turn to slide 15, please. With the cash that we generated in the quarter, a lower level of net debt improved our leverage ratio sequentially.
This trend and the improving adjusted EBITDA that we are expecting for the second half of the year mean that we expect leverage to continue improving by the end of the year, getting us closer to our medium-term target of 3x net debt to EBITDA. I'd also like to point out that on an FX neutral basis across all currencies, our gross debt fell by PEN 43 million versus the end of 2025. However, due to the slight depreciation of the Peruvian sole, gross debt increased by PEN 74 million on a reported basis. At the end of the quarter, we had PEN 191 million in credit lines, of which PEN 125 million is still available for us to draw.
One final word on our debt structure. 56% of Auna's debt is in local currency. The balance of our debt is in U.S. dollars, of which 85% is hedged to the Peruvian sole. That concludes my review of the quarter. I'll now hand the call back to Suso, who has a few closing remarks before we open the call for questions.
Thanks, Gisele. Peru, the most mature market in our regional healthcare platform, continues to demonstrate the strength of our vertically integrated model. We remain focused on higher complexity care and expect profitability to improve as the initial onboarding costs associated with the new B2B accounts, including related pharmacy costs, normalize. In Colombia, we expect margins to continue improving over the coming quarters as contractual price increases take effect and offset higher operating costs, while our risk-sharing agreements continue to scale and provide greater predictability.
In Mexico, we expect a sequential improvement to continue, supported by the onboarding of high-productivity physicians, the improved tier classifications with major insurers, and continued growth in oncology and other high-complexity services. We are excited about our expansion in Lima Sur and our added capacity in Montería, as well as our new linear accelerator in Mexico. We believe these will be accretive to our competitive advantage.
Looking ahead, we are reaffirming our full year 2026 revenue guidance of approximately 12% FX neutral growth. Based on the underlying performance of the business, we expect adjusted EBITDA growth toward the low end of our 10%-14% guidance range, excluding the impact of Peru's accepted billing penalties, primarily related to prior years' billing patterns.
We also expect to continue reducing leverage for the remainder of the year, moving closer to our target of less than 3x net debt to adjusted EBITDA, while free cash flow continues to exceed our original expectations. Our confidence in the underlying outlook is supported by a strong recovery in Mexico's patient volumes and the operational improvements we expect to continue seeing in Peru and Colombia. Thank you very much. Now let's open the questions-and-answer segment of the earnings call.
At this time, we will open the floor for your questions. If you would like to ask a question over the phone, please press star one in your telephone keypad. As a reminder, you can also submit your questions online by using the Q&A function of the webcast platform. Your first question comes from the line of Mauricio Cepeda from Morgan Stanley. Please go ahead. Your line is open.
Hi. Hello. Good morning. Good morning, Suso. Gisele. Thank you for the opportunity here. We have two questions. The first one about the working capital. We saw that the first half of the year cash conversion moved sharply. But, we also saw that much of the change came from receivables and payables. If we exclude any type of legacy receivable collection, how much of the remaining benefit came from the ordinary payment timing versus, let's say, supplier financing or other working capital financing mechanisms? What was the supplier financing balance at June?
What would be the DPO if we exclude those programs, and what would be the underlying first half cash conversion, if we take this kind of adjustment? The second question is about the Peru revenue recognition. Both in Q1 and Q2, we recognize deductions related to prior periods billing reconciliation. Have you already changed the methodology and controls that you use to estimate these expected payer deductions? Like we've seen the Brazilian payers, the Brazilian providers, they use the term clause, when the revenue is initially recognized. What evidence gives you confidence that the 2026 receivables vintage will not require similar retrospective adjustments? Thank you.
Thank you, Mauricio. It's always good to have the first question from you. It's becoming a tradition. I appreciate that. Thank you. Gisele, I think both questions are more in your territory.
Yeah. Great, Suso. Thanks. Good morning, Mauricio. To tackle both parts of the question, first, from a working capital perspective, yes, you're correct. We've seen strong improvement in the first half of this year versus the comparable period last year. The majority of this on the accounts receivable side is due to the improvement in accounts receivable days. More specifically on the current portion, right, to your question, as if it's related to the current portion or the legacy portion. This has to do with both a reduction of the internal billing cycle in the case of Colombia and in the case of Peru.
Also, in the case of the complete billing cycle in Colombia, where we have a much higher proportion now of risk-sharing contracts that are paid much faster than the event model. Finally, as we've been streamlining the process end to end, we do see that these improvements are sustainable over time and will be conducive to sustaining the current level of accounts receivable rotation that we're seeing. We do see that sustainable.
In the case of accounts payable days, I just wanted to clarify that we've had gains over the last few quarters, as we've mentioned, particularly related to supply chain financing initiatives that we've structured with financial institutions. Those are also sustainable over time, given that we've onboarded several suppliers across the geographies, and that's permitting us to have this improvement in accounts payable days, which again, we're also seeing sustainable over time, and I don't think it's necessary to make any adjustments to that.
Finally, working capital is also benefited by VAT credits that we have used specifically in the case of Peru, and that has also helped working capital rotation. I think those are some of the points worth highlighting. We do see a good working capital rotation being sustained in the year to go. As far as the second part of the question around billing penalties, specifically in the case of Peru, yes, we have seen a higher level of billing penalties in Peru versus what we had seen in previous periods. Maybe to go over the factors, we have seen these revenue adjustments basically as a result of billing penalties, and they are higher than what we have seen historically, as we mentioned in last quarter's call.
This is obviously affected by a sector-wide situation where financial pressure across Peruvian payers has led them to tighten the enforcement of billing deadlines and settlement terms. We have been actively shortening our internal billing cycle for some time now and strengthening financial controls to eliminate future penalty exposure. Specifically, we expect any open and ongoing negotiations related to the settlements of billing matters from prior years to be finalized during this year.
That is why we do think it is a short-term impact that will impact 2026. But by next year going forward, we should have cleaned out conciliations from prior periods. That is why we are maintaining our guidance of adjusted EBITDA when we exclude that impact in 2026. Current negotiations related to prior periods do remain open, and that is why we are not including it within those numbers.
[inaudible]
Just a follow-up question.
Go ahead, Mauricio.
No, please, Suso.
No, I just wanted to add, to be clear, this has been like a reset, and we ourselves internally have also put a very high hurdle. No tolerance to services delivered where we are going to have a discussion on payment. The whole cycle of how we deliver services and bill services and collect services, we have changed dramatically. The sector has changed, and we ourselves have changed. I think this is not going to be a situation that is going to pass 2026.
Thank you.
Thank you, Mauricio.
Just a follow-up question on the working capital, about the supplier finance. I understand that the supplier finance, you said that you imported some suppliers there. So of course it benefits the cash, but does it come in at the expense of costs, and that's why we're seeing the margin impact there? Is one thing related to the other?
No, we don't see these supply chain financing initiatives impacting the cost structure, and obviously, they've been as a product of very close negotiations and onboarding with our suppliers. So no, we don't see it impacting costs.
Okay. Thank you. Thank you again.
Again, if you would like to ask a question, please press star one on your telephone keypad. As a reminder, you may also submit questions online via the Q&A function of the webcast platform. We will pause for just a moment. There are no more questions from the phone line, so I will now turn the call over to Ana María Mora from Auna, who will proceed with the questions from the webcast platform.
Thank you Operator. I am not seeing any questions from the webcast platform, so I will give them a minute to present their questions. At this point, I see no questions on the webcast, so I will proceed and pass the word on to Suso for his final remarks.
Thank you very much, Annie and Gisele. Thank you, everybody. I just want to finish with a couple ideas. While this quarter presented some headwinds, some headwinds that we have also seen in the past, our underlying business and model remain sound. Our track to growth is evident, and our strategic path is unchanged. We have taken decisive actions to address the near-term challenges we see today, and we are positioned for sustainable growth, I want to reiterate. Thank you for joining us today. Thank you for your support and following. Our investor relations team is available for any further questions. Again, have a great day.
This concludes today's conference call. You may now disconnect.
Investor releaseQuarter not tagged2026-08-18Auna Announces 2Q26 Financial Results
Business Wire
Auna Announces 2Q26 Financial Results
A consecutive quarter of strong top-line growth and cash flow performance;Consolidated Adjusted EBITDA impacted by service mix across the segments LUXEMBOURG, August 18, 2026--(BUSINESS WIRE)--Auna (NYSE: AUNA) ("Auna" or the "Company"), a leading healthcare platform in Latin America with operations in Mexico, Peru, and Colombia, announced today financial results for the second quarter ended June 30, 2026 ("Second quarter 2026" or "2Q26"). Financial results are expressed in Peruvian Soles ("S/" or "PEN" or "Soles") and are presented in accordance with International Financial Reporting Standards ("IFRS"), unless otherwise noted. 2Q’26 Consolidated Highlights Revenue increased 9% FXN, or 13% YoY on a reported basis, to S/1,238 million Adjusted EBITDA was S/227 million, a decrease of 9% YoY FXN or 6% YoY on a reported basis, and an increase of 3% FXN from 1Q26 Adjusted EBITDA Margin of 18.4%, slightly up from 1Q26 Operating Cash Flow and Free Cash Flow increased 45% YoY and 181% YoY, respectively Leverage Ratio improved to 3.6x Oncology MLR remained stable at 50.1% Number of surgeries increased 5.2% YoY to 21,912 Number of days hospitalized increased 5% YoY to 135,107 Number of chemotherapy and radiotherapy sessions increased 15% YoY Message from Auna’s Executive Chairman and President The second quarter of 2026 demonstrated sustained commercial momentum across our markets and progress in the operational initiatives that support our growth strategy. Revenue increased by 9% FXN, while Adjusted EBITDA declined 9% FXN. This reflects service mix and temporary margin pressure in Mexico and Colombia, as well as pharmacy and payroll costs, along with the impact of accepted penalties primarily related to billing matters in the reconciliation of prior years' receivables in Peru. In Peru, our integrated model continues to deliver strong results, Peru achieved an 8% revenue growth, driven by new B2B memberships at Oncosalud and increased volumes in high-complexity procedures within our healthcare network. Oncosalud expanded its B2B membership base, while higher occupancy in the healthcare network underscored our focus on growing in high complexity. Adjusted EBITDA reflects increased pharmacy, physician and payroll expenses required to accommodate the surge in patient volumes, as well as accepted penalties primarily attributable to previous years’ billing matters. In Mexic…Read full documentShow less
A consecutive quarter of strong top-line growth and cash flow performance;Consolidated Adjusted EBITDA impacted by service mix across the segments LUXEMBOURG, August 18, 2026--(BUSINESS WIRE)--Auna (NYSE: AUNA) ("Auna" or the "Company"), a leading healthcare platform in Latin America with operations in Mexico, Peru, and Colombia, announced today financial results for the second quarter ended June 30, 2026 ("Second quarter 2026" or "2Q26"). Financial results are expressed in Peruvian Soles ("S/" or "PEN" or "Soles") and are presented in accordance with International Financial Reporting Standards ("IFRS"), unless otherwise noted. 2Q’26 Consolidated Highlights Revenue increased 9% FXN, or 13% YoY on a reported basis, to S/1,238 million Adjusted EBITDA was S/227 million, a decrease of 9% YoY FXN or 6% YoY on a reported basis, and an increase of 3% FXN from 1Q26 Adjusted EBITDA Margin of 18.4%, slightly up from 1Q26 Operating Cash Flow and Free Cash Flow increased 45% YoY and 181% YoY, respectively Leverage Ratio improved to 3.6x Oncology MLR remained stable at 50.1% Number of surgeries increased 5.2% YoY to 21,912 Number of days hospitalized increased 5% YoY to 135,107 Number of chemotherapy and radiotherapy sessions increased 15% YoY Message from Auna’s Executive Chairman and President The second quarter of 2026 demonstrated sustained commercial momentum across our markets and progress in the operational initiatives that support our growth strategy. Revenue increased by 9% FXN, while Adjusted EBITDA declined 9% FXN. This reflects service mix and temporary margin pressure in Mexico and Colombia, as well as pharmacy and payroll costs, along with the impact of accepted penalties primarily related to billing matters in the reconciliation of prior years' receivables in Peru. In Peru, our integrated model continues to deliver strong results, Peru achieved an 8% revenue growth, driven by new B2B memberships at Oncosalud and increased volumes in high-complexity procedures within our healthcare network. Oncosalud expanded its B2B membership base, while higher occupancy in the healthcare network underscored our focus on growing in high complexity. Adjusted EBITDA reflects increased pharmacy, physician and payroll expenses required to accommodate the surge in patient volumes, as well as accepted penalties primarily attributable to previous years’ billing matters. In Mexico, patient volume recovery continued throughout the quarter. Improved tier classifications with key payors, improved pricing for high-complexity services, and the ongoing expansion of our oncology offering contributed to stronger volumes, particularly in June. This momentum drove 4% year-over-year revenue growth in local currency, while revenue and Adjusted EBITDA increased by 5% and 3%, respectively, compared to the first quarter of 2026, in local currency. Although service mix and talent investments continued to affect margins year over year, both Adjusted EBITDA and margin improved sequentially, indicating progress in the initiatives underway in Monterrey and positioning the network for sustained volume growth in the second half. In Colombia, revenue increased by 13% in local currency, primarily due to the sustained expansion of risk-sharing ("PGP") contracts, which accounted for 24% of segment revenue. Additionally, reduced exposure to intervened payors, which constituted 12% of revenue, and enhanced payment agreements contributed to the strengthening of the quality and predictability of our payor mix. First-half margins reflected the variable costs of stabilizing our new PGP contracts, alongside statutory wage increases and planned SG&A investments. Contractual price adjustments scheduled for the second half of the year are expected to drive improved profitability in the coming quarters. Consolidated Cash flow generation continued to be a key highlight in the second quarter of 2026. Operating cash flow increased by 45% year-over-year, while free cash flow grew by 181%, driven by disciplined working capital management and improved payor collections. Despite initial margin pressure, our leverage ratio improved to 3.6x, underscoring the resilience of our business model and supporting our progress toward a medium-term target of below 3.0x. The recent elections in Peru and Colombia have so far generally been viewed as a positive development for private-sector participation and long-term healthcare investment. This could create a more favorable environment for our industry and provides greater visibility into our strategic path forward. Looking ahead, given the recovery in volumes in Mexico and our projected performance for the remainder of the year, we reaffirm our full-year 2026 revenue guidance. We anticipate revenue growth near the midpoint of our 10% to 14% FX-neutral range, or approximately 12%. We expect Adjusted EBITDA growth toward the low end of that range, reflecting temporary cost pressures across our three geographies as the business scales. The Adjusted EBITDA outlook excludes the impacts of accepted penalties primarily related to billing matters in the reconciliation of prior years' receivables in Peru. Capital expenditures guidance remains unchanged at approximately 4% of revenues. Although we did not provide formal free cash flow guidance, we expect it to exceed our original internal expectations, supported by strong working capital management and improved collections, further supporting our deleveraging path. Overview of 2Q26 Consolidated Results Revenues in 2Q26 increased 9% FXN and 13% YoY on a reported basis to S/1,238 million, with revenues in local currency ("LC") increasing across all segments: 4% in Mexico, 8% in Peru and 13% in Colombia. In Mexico, the Healthcare network sustained higher surgery and oncology volumes, reflecting the continued benefits of the improved tier classifications with key payors implemented in prior periods, as well as growth in packages and out-of-pocket revenues. In Peru, Oncosalud increased revenues through additional B2B memberships, while the healthcare network benefited from higher volumes of high-complexity surgeries. In Colombia, volumes continued to grow across PGP services in cardiovascular, ambulatory and oncology care, supported by the ongoing scaling of risk-sharing models and diversification away from intervened payors. Adjusted EBITDA in 2Q26 decreased 9% FXN, or 6% YoY on a reported basis, to S/227 million, with an Adjusted EBITDA Margin of 18.4%. In LC, Segment Adjusted EBITDA decreased 16% in Mexico and 12% in Colombia, while remaining flat in Peru. In Mexico, Segment Adjusted EBITDA decreased versus 2Q25, due to a lower contribution margin from the current mix of services and specialties, as well as higher SG&A expenses related to talent investments that impacted payroll. On a sequential basis, however, Segment Adjusted EBITDA grew 3% versus 1Q26 mostly from improved gross profit. Consolidated Peru Adjusted EBITDA growth was impacted by accepted penalties primarily related to billing matters in the reconciliation of prior years' receivables and by pharmacy and medical talent costs related to supporting increased patient volumes at the healthcare network and Oncosalud. In Colombia, Segment Adjusted EBITDA sustained a strong top line, partially offset by lower margins from a higher proportion of PGP contracts and from increased oncology services. Reported results were impacted by foreign exchange fluctuations, specifically, a 5% appreciation of the Mexican Peso ("MXN") and a 9% appreciation of the Colombian Peso ("COP") against the PEN. Net finance costs for 2Q26 were S/105 million, compared to S/46 million in 2Q25. Excluding foreign exchange effects, net finance costs totaled S/113 million in 2Q26, compared to S/115 million in 2Q25, reflecting a YoY decrease of S/2 million, or 1%. When also excluding the non-cash impact related to the future purchase obligation for IMAT Oncomedica, which began affecting finance expenses in 3Q25, net finance costs decreased by S/4 million. The increase in reported net finance costs primarily reflected lower non-cash FX gain of S/8 million, compared to a non-cash gain of S/68 million in 2Q25. Net Income for 2Q26 was S/33 million compared to S/84 million in 2Q25. The decline was primarily driven by a S/61 million decrease in positive non-cash FX impact on net finance costs compared to the prior-year period. On a per-share basis, Net Income was S/0.40, based on a weighted average of 74,237,368 basic and diluted shares. Adjusted Net Income for 2Q26 was S/40 million, compared to S/89 million in 2Q25. The decline reflects the same FX-driven variance on the net finance costs described above. As mentioned in previous quarters, the FX volatility has been reduced by resetting the levels on USD PEN hedges after the refinancing exercise at the end of 2025. On a per-share basis, Adjusted Net Income was S/0.50, based on a weighted average of 74,237,368 basic and diluted shares. For a full version of AUNA’s Second Quarter 2026 Earnings Release, please visit:https://aunainvestors.com/English/financial-information/quarterly-results/ Conference Call Details When: 8:00 a.m. Eastern time, August 19, 2026 Who: Mr. Suso Zamora, Executive Chairman of the Board and President; Mrs. Gisele Remy, Chief Financial Officer and Executive Vice President; Mr. Lorenzo Massart, Executive Vice President of Strategy and Equity Capital Markets. Dial-in: +1 888 596 4144 (U.S. domestic), +1 646 968 2525 (International)Passcode: 3884034 To access Auna′s financial results call via telephone, callers need to press # to be connected to an operator. Webcast: click here About AUNA Auna is a leading healthcare platform in Latin America with operations in Mexico, Peru, and Colombia, prioritizing prevention and concentrating on high-complexity diseases that contribute the most to healthcare expenditures. Our mission is to transform healthcare by providing access to a highly integrated healthcare offering in the underpenetrated markets of Spanish-Speaking Americas. Founded in 1989, Auna has built one of Latin America′s largest modern healthcare platforms that consists of a horizontally integrated network of healthcare facilities and a vertically integrated portfolio of oncological plans and selected general healthcare plans. As of June 30, 2026, Auna’s network included 31 healthcare network facilities, consisting of hospitals, outpatient, prevention and wellness facilities with a total of 2,337 beds, and 1.5 million healthcare plans. For more information visit www.aunainvestors.com. Safe Harbor Statement This press release contains forward-looking statements. Forward-looking statements convey our current expectations or forecasts of future events. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to differ materially from the forward-looking statements that we make. Forward-looking statements typically are identified by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "project," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions. Forward-looking statements that appear in a number of places in this press release include, but are not limited to, statements regarding the intent, belief or current expectations, regarding various matters, including, our target Leverage Ratio, the results of the key initiatives we are implementing in Mexico, Colombia and Peru, the execution of our strategic plan, including the recovery of our growth levels and the roll-out of the AunaWay in Mexico, our planned investments, our revenue, Adjusted EBITDA and capital expenditure guidance, our expectation for revenue and Adjusted EBITDA growth, policy expectations regarding the newly elected administrations in Colombia and Peru, expectations for the Elekta EVO linear accelerator to become operational, mobilization of Auna Lima Sur and the creation of further growth and sustainable value for all stakeholders. Any or all of our forward-looking statements in this press release may turn out to be inaccurate. Our actual results could differ materially from those contained in forward-looking statements due to a number of factors. The forward-looking statements in this press release represent our expectations and forecasts as of the date of this press release. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release. For a discussion of the risks facing the Company which could affect whether these forward-looking statements are realized, see our Form 20-F filing with the U.S. Securities and Exchange Commission (the "SEC"). Financial Guidance Disclaimer Auna′s guidance is based on management’s current performance outlook and expected macroeconomic and regulatory conditions in the three countries where the Company operates. Any changes in these conditions could have an impact on the guidance provided. Auna’s financial guidance reflects management’s current assumptions regarding numerous evolving factors that are difficult to accurately predict, including those discussed in the Risk Factors set forth in the Company’s Form 20-F filed with the SEC. Reconciliations of forward-looking non-IFRS measures, specifically the Leverage Ratio target and Adjusted EBITDA guidance, to the relevant forward-looking IFRS measures are not being provided, as the Company does not currently have sufficient data to accurately estimate the variables and individual adjustments for such guidance and reconciliations. Due to this uncertainty, the Company cannot reconcile projected Adjusted EBITDA to projected net income without unreasonable effort. The financial guidance constitutes forward-looking statements. For more information, see the "Safe Harbor Statement" section in this release. View source version on businesswire.com: https://www.businesswire.com/news/home/20260818121546/en/ Contacts IR Contact Email: [email protected]
Investor releaseQuarter not tagged2026-08-18Auna S.A. (AUNA) Q2 Earnings Miss Estimates
Zacks
Auna S.A. (AUNA) Q2 Earnings Miss Estimates
Auna S.A. (AUNA) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -42.31%. A quarter ago, it was expected that this company would post earnings of $0.19 per share when it actually produced earnings of $0.05, delivering a surprise of -73.68%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Auna S.A., which belongs to the Zacks Medical Services industry, posted revenues of $363 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.16%. This compares to year-ago revenues of $309 million. The company has topped consensus revenue estimates three times 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. Auna S.A. shares have added about 9.4% since the beginning of the year versus the S&P 500's gain of 13.1%. While Auna S.A. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Auna S.A. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It wi…Read full documentShow less
Auna S.A. (AUNA) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -42.31%. A quarter ago, it was expected that this company would post earnings of $0.19 per share when it actually produced earnings of $0.05, delivering a surprise of -73.68%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Auna S.A., which belongs to the Zacks Medical Services industry, posted revenues of $363 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.16%. This compares to year-ago revenues of $309 million. The company has topped consensus revenue estimates three times 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. Auna S.A. shares have added about 9.4% since the beginning of the year versus the S&P 500's gain of 13.1%. While Auna S.A. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Auna S.A. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.27 on $362.63 million in revenues for the coming quarter and $0.79 on $1.46 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical Services is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. InnovAge Holding Corp. (INNV), another stock in the same industry, has yet to report results for the quarter ended June 2026. This company is expected to post quarterly earnings of $0.07 per share in its upcoming report, which represents a year-over-year change of +800%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. InnovAge Holding Corp.'s revenues are expected to be $234.17 million, up 5.8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Auna S.A. (AUNA) : Free Stock Analysis Report InnovAge Holding Corp. (INNV) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-08-11Auna S.A. (AUNA) Expected to Beat Earnings Estimates: Should You Buy?
Zacks
Auna S.A. (AUNA) Expected to Beat Earnings Estimates: Should You Buy?
Wall Street expects a year-over-year decline in earnings on higher revenues when Auna S.A. (AUNA) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 18. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents a year-over-year change of -21.2%. Revenues are expected to be $350.52 million, up 13.4% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earn…Read full documentShow less
Wall Street expects a year-over-year decline in earnings on higher revenues when Auna S.A. (AUNA) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 18. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents a year-over-year change of -21.2%. Revenues are expected to be $350.52 million, up 13.4% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Auna S.A., the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +9.80%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination indicates that Auna S.A. will most likely beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Auna S.A. would post earnings of $0.19 per share when it actually produced earnings of $0.05, delivering a surprise of -73.68%. Over the last four quarters, the company has beaten consensus EPS estimates three times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Auna S.A. appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Auna S.A. (AUNA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-08-10Surgery Partners (SGRY) Q2 Earnings and Revenues Beat Estimates
Zacks
Surgery Partners (SGRY) Q2 Earnings and Revenues Beat Estimates
Surgery Partners (SGRY) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +400.00%. A quarter ago, it was expected that this surgical facilities operator would post a loss of $0.15 per share when it actually produced a loss of $0.03, delivering a surprise of +80%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Surgery Partners, which belongs to the Zacks Medical Services industry, posted revenues of $848.9 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.62%. This compares to year-ago revenues of $826.2 million. The company has topped consensus revenue estimates three times 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. Surgery Partners shares have added about 0.5% since the beginning of the year versus the S&P 500's gain of 13.3%. While Surgery Partners has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Surgery Partners was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of…Read full documentShow less
Surgery Partners (SGRY) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +400.00%. A quarter ago, it was expected that this surgical facilities operator would post a loss of $0.15 per share when it actually produced a loss of $0.03, delivering a surprise of +80%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Surgery Partners, which belongs to the Zacks Medical Services industry, posted revenues of $848.9 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.62%. This compares to year-ago revenues of $826.2 million. The company has topped consensus revenue estimates three times 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. Surgery Partners shares have added about 0.5% since the beginning of the year versus the S&P 500's gain of 13.3%. While Surgery Partners has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Surgery Partners was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.06 on $851.78 million in revenues for the coming quarter and $0.36 on $3.41 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical Services is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Auna S.A. (AUNA), is yet to report results for the quarter ended June 2026. The results are expected to be released on August 18. This company is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents a year-over-year change of -21.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Auna S.A.'s revenues are expected to be $350.52 million, up 13.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Surgery Partners, Inc. (SGRY) : Free Stock Analysis Report Auna S.A. (AUNA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-08-06Progyny (PGNY) Q2 Earnings and Revenues Beat Estimates
Zacks
Progyny (PGNY) Q2 Earnings and Revenues Beat Estimates
Progyny (PGNY) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.84%. A quarter ago, it was expected that this provider of fertility and family building benefits would post earnings of $0.44 per share when it actually produced earnings of $0.5, delivering a surprise of +13.64%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Progyny, which belongs to the Zacks Medical Services industry, posted revenues of $350.51 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.38%. This compares to year-ago revenues of $332.87 million. The company has topped consensus revenue estimates four times 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. Progyny shares have added about 22.2% since the beginning of the year versus the S&P 500's gain of 12.8%. While Progyny has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Progyny was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1…Read full documentShow less
Progyny (PGNY) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.84%. A quarter ago, it was expected that this provider of fertility and family building benefits would post earnings of $0.44 per share when it actually produced earnings of $0.5, delivering a surprise of +13.64%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Progyny, which belongs to the Zacks Medical Services industry, posted revenues of $350.51 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.38%. This compares to year-ago revenues of $332.87 million. The company has topped consensus revenue estimates four times 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. Progyny shares have added about 22.2% since the beginning of the year versus the S&P 500's gain of 12.8%. While Progyny has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Progyny was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.52 on $352.05 million in revenues for the coming quarter and $2.04 on $1.38 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical Services is currently in the top 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Auna S.A. (AUNA), has yet to report results for the quarter ended June 2026. The results are expected to be released on August 18. This company is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents a year-over-year change of -21.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Auna S.A.'s revenues are expected to be $350.52 million, up 13.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Progyny, Inc. (PGNY) : Free Stock Analysis Report Auna S.A. (AUNA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-08-05Solventum (SOLV) Q2 Earnings and Revenues Top Estimates
Zacks
Solventum (SOLV) Q2 Earnings and Revenues Top Estimates
Solventum (SOLV) came out with quarterly earnings of $2.55 per share, beating the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $1.69 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +33.51%. A quarter ago, it was expected that this health care company would post earnings of $1.35 per share when it actually produced earnings of $1.48, delivering a surprise of +9.63%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Solventum, which belongs to the Zacks Medical Services industry, posted revenues of $2.21 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.03%. This compares to year-ago revenues of $2.16 billion. The company has topped consensus revenue estimates four times 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. Solventum shares have added about 11% since the beginning of the year versus the S&P 500's gain of 13%. While Solventum has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Solventum was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It…Read full documentShow less
Solventum (SOLV) came out with quarterly earnings of $2.55 per share, beating the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $1.69 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +33.51%. A quarter ago, it was expected that this health care company would post earnings of $1.35 per share when it actually produced earnings of $1.48, delivering a surprise of +9.63%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Solventum, which belongs to the Zacks Medical Services industry, posted revenues of $2.21 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.03%. This compares to year-ago revenues of $2.16 billion. The company has topped consensus revenue estimates four times 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. Solventum shares have added about 11% since the beginning of the year versus the S&P 500's gain of 13%. While Solventum has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Solventum was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.44 on $2 billion in revenues for the coming quarter and $6.58 on $8.22 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical Services is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Auna S.A. (AUNA), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 18. This company is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents a year-over-year change of -21.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Auna S.A.'s revenues are expected to be $350.52 million, up 13.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Solventum Corporation (SOLV) : Free Stock Analysis Report Auna S.A. (AUNA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-08-04Revvity (RVTY) Q2 Earnings and Revenues Surpass Estimates
Zacks
Revvity (RVTY) Q2 Earnings and Revenues Surpass Estimates
Revvity (RVTY) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +14.63%. A quarter ago, it was expected that this maker of scientific instruments would post earnings of $1.02 per share when it actually produced earnings of $1.06, delivering a surprise of +3.92%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Revvity, which belongs to the Zacks Medical Services industry, posted revenues of $729.69 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.57%. This compares to year-ago revenues of $720.28 million. The company has topped consensus revenue estimates three times 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. Revvity shares have added about 19.1% since the beginning of the year versus the S&P 500's gain of 11%. While Revvity has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Revvity was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) s…Read full documentShow less
Revvity (RVTY) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +14.63%. A quarter ago, it was expected that this maker of scientific instruments would post earnings of $1.02 per share when it actually produced earnings of $1.06, delivering a surprise of +3.92%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Revvity, which belongs to the Zacks Medical Services industry, posted revenues of $729.69 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.57%. This compares to year-ago revenues of $720.28 million. The company has topped consensus revenue estimates three times 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. Revvity shares have added about 19.1% since the beginning of the year versus the S&P 500's gain of 11%. While Revvity has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Revvity was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.30 on $678.78 million in revenues for the coming quarter and $5.25 on $2.84 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical Services is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Auna S.A. (AUNA), is yet to report results for the quarter ended June 2026. The results are expected to be released on August 18. This company is expected to post quarterly earnings of $0.24 per share in its upcoming report, which represents a year-over-year change of -27.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Auna S.A.'s revenues are expected to be $350.52 million, up 13.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Revvity Inc. (RVTY) : Free Stock Analysis Report Auna S.A. (AUNA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-29Avantor, Inc. (AVTR) Beats Q2 Earnings and Revenue Estimates
Zacks
Avantor, Inc. (AVTR) Beats Q2 Earnings and Revenue Estimates
Avantor, Inc. (AVTR) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +10.53%. A quarter ago, it was expected that this company would post earnings of $0.16 per share when it actually produced earnings of $0.17, delivering a surprise of +6.25%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Avantor, which belongs to the Zacks Medical Services industry, posted revenues of $1.69 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.17%. This compares to year-ago revenues of $1.68 billion. The company has topped consensus revenue estimates three times 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. Avantor shares have added about 8.4% since the beginning of the year versus the S&P 500's gain of 8.5%. While Avantor has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Avantor was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be int…Read full documentShow less
Avantor, Inc. (AVTR) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +10.53%. A quarter ago, it was expected that this company would post earnings of $0.16 per share when it actually produced earnings of $0.17, delivering a surprise of +6.25%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Avantor, which belongs to the Zacks Medical Services industry, posted revenues of $1.69 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.17%. This compares to year-ago revenues of $1.68 billion. The company has topped consensus revenue estimates three times 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. Avantor shares have added about 8.4% since the beginning of the year versus the S&P 500's gain of 8.5%. While Avantor has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Avantor was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.20 on $1.62 billion in revenues for the coming quarter and $0.79 on $6.5 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical Services is currently in the top 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Auna S.A. (AUNA), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 18. This company is expected to post quarterly earnings of $0.24 per share in its upcoming report, which represents a year-over-year change of -27.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Auna S.A.'s revenues are expected to be $350.52 million, up 13.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Avantor, Inc. (AVTR) : Free Stock Analysis Report Auna S.A. (AUNA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

