Aveanna Healthcare Holdings Inc reports results for the quarter ended in December - Earnings Summary

Aveanna Healthcare Holdings

14/03/2024 13:32

* Aveanna Healthcare Holdings Inc  AVAH.OQ  reported a
quarterly
adjusted loss of 2 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of -3 cents.  The mean expectation of
eight analysts for the quarter was for a loss of 2 cents per
share. Wall Street expected results to range from -3 cents to -1
cents per share.
    * Revenue rose 6.1% to $478.84 million from a year ago;
analysts
expected $467.40 million. 
    * Aveanna Healthcare Holdings Inc's reported EPS for the
quarter
was a loss of 13 cents​.
    * The company reported a quarterly loss of $25.74 million.
    * Aveanna Healthcare Holdings Inc shares had fallen by 6.7%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "hold"

Wall Street's median 12-month price target for Aveanna
Healthcare Holdings Inc is $2.25 
This summary was machine generated from LSEG data March 14 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.02          -0.02          Met
 Sep. 30 2023      -0.03          -0.03          Met
 Jun. 30 2023      -0.04          -0.02          Beat
 Mar. 31 2023      -0.06          -0.05          Beat