DocGo Inc. (DCGO) Q2 Earnings and Revenues Miss Estimates

分组1 - DocGo Inc. reported quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.07 per share, compared to a loss of $0.02 per share a year ago, representing an earnings surprise of -14.29% [1] - Over the last four quarters, Motion Acquisition has not surpassed consensus EPS estimates, with revenues of $164.95 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.99%, compared to year-ago revenues of $125.49 million [2] - Motion Acquisition shares have lost about 45.1% since the beginning of the year, while the S&P 500 has gained 9.9% [3] 分组2 - The earnings outlook for Motion Acquisition is mixed, with the current consensus EPS estimate at $0.04 on $138.36 million in revenues for the coming quarter and $0.24 on $621.65 million in revenues for the current fiscal year [7] - The Zacks Industry Rank indicates that the Medical Services sector is currently in the bottom 41% of over 250 Zacks industries, suggesting that the performance of stocks in this sector may be adversely affected [8] - Viatris, another company in the same industry, is expected to report quarterly earnings of $0.68 per share, reflecting a year-over-year change of -9.3%, with revenues expected to be $3.82 billion, down 2.6% from the year-ago quarter [9][10]