Outpatient and specialty care stocks showed solid Q2 earnings, beating revenue forecasts by 2.6% overall and projecting 3.3% growth next quarter—but the sector’s stock prices dipped slightly. Agilon Health led with a 7.2% YoY revenue surge, exceeding expectations and raising guidance, adding 123K customers to reach 549K total, yet its stock fell 10.1%—hinting investors may have had loftier hopes. LifeStance Health jumped 21% on strong results, U.S. Physical Therapy edged up despite missing EPS, while Surgery Partners slid 7.6% after lagging peers.

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