Labor Market ConcernsThe sub-optimal state of labor markets, given deteriorating KPIs and downwardly revised projections, limits potential for upward estimate revisions.
Organic Growth ChallengesOrganic growth underperformance in the core business, including the Florida at-risk and agency businesses, contributed to a decline in shares.
Revenue Guidance SkepticismThere's a relatively low bar following underperformance in shares, but a lack of perceived upside catalysts as skepticism surrounding FY26 revenue guidance persists.