Concentra Group Holdings Parent, Inc. (CON) Earnings Call Transcripts

Concentra Group Holdings Parent, Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Concentra Group Holdings reported total revenue of $569.6 million, reflecting a 13.7% year-over-year growth, significantly surpassing expectations. Adjusted EBITDA increased 17.6% to $120.7 million, with adjusted earnings per share rising to $0.40 from $0.33 in the prior year. Management raised guidance for 2026, now projecting revenue between $2.275 billion and $2.375 billion, and adjusted EBITDA between $460 million and $480 million, signaling strong operational momentum and confidence in continued growth.

Reported metrics

Guidance from management

Management raised 2026 revenue guidance to $2.275 billion - $2.375 billion and adjusted EBITDA guidance to $460 million - $480 million, reflecting strong operational performance and market confidence.

What management said

Yes, it's Matt. So I think when you look at our results, what really drove the results in Q1 was the work comp visits and also our cost of services and cost control. So our teams did a great job from a staffing perspective. across the centers and the visit volume was higher than expected. So we're not necessarily going to comment on our internal budget, but those were the 2 main drivers of our performance in Q1.

Yes. So I think coming out of last year and the early part of this year, it's kind of been, as Matt mentioned earlier, the continued no higher, no fire type situation. So from a hiring perspective, we've kind of seen that early in the year. Now it seems like things are starting to accelerate a little bit. We're optimistic about that. I believe we've had the first 2 months in a row, including this month with net job g...

What analysts pressed on

Analysts raised concerns about the stability of employer services visit volumes, which remain below historical averages. There was also inquiry into the impact of economic conditions on future growth prospects, particularly regarding job stability and hiring trends.

Main topics on the call

• Revenue Growth Acceleration — Concentra achieved total revenue of $569.6 million in Q1 2026, a 13.7% increase from the previous year. Management noted, "We have continued our momentum from 2025 and are pleased with the strong start to the year."
• Strong Patient Volume — Total patient visits increased by 6.7% to over 54,000 visits per day, with workers' compensation visits up 9.6%. This was attributed to improved patient satisfaction and effective account management strategies.
• Successful Integration of Acquisitions — Management reported successful integration of the Nova and Pivot acquisitions, stating they are "comfortably ahead of where we anticipated" in achieving synergies. This has positively impacted revenue growth and operatio...
• Increased Guidance for 2026 — Management raised the revenue guidance for 2026 by $25 million, now projecting between $2.275 billion and $2.375 billion. Adjusted EBITDA guidance was also increased by $10 million, reflecting confidence in continued gro...

Read the full Concentra Group Holdings Parent, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 48 Concentra Group Holdings Parent, Inc. earnings call transcripts on record, spanning March 5, 2020 to May 13, 2026. Based on this history, Concentra Group Holdings Parent, Inc. reports quarterly. The most recent call on file is dated May 13, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CON

Exchange

NYSE

Country

US

Sector

Health Care

Industry

Health Care Providers and Services

Calls on record

48

First call

March 5, 2020

Most recent

May 13, 2026

Reporting cadence

quarterly