Updates

** Australia's Pro Medicus PME.AX fall as much as 2.4% to A$124.920, their lowest level since May 14

** Jefferies revises FY26-28 earnings per share (EPS) estimates for PME downward, expects decline of 11%-19%

** Brokerage updates near-term revenue forecast of the health imaging firm to reflect Trinity Health, UCHealth Colorado contract wins and others announced this year

** Says these contracts realize revenue in stages rather than upfront, revenue is factored in during FY27

** Jefferies still backs co for medium-long term, says reasons include business' capital-light model, positive revenue contribution in FY27

** Cuts PT to A$147 from A$155, maintains "buy" stock rating

** YTD, stock down 42.4%, including day's moves