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

Aveanna Healthcare Holdings

09/05/2024 14:53

* Aveanna Healthcare Holdings Inc  AVAH.OQ  reported a
quarterly
adjusted loss of 3 cents​​ per share for the quarter ended in
March, higher than the same quarter last year, when the company
reported EPS of -5 cents.  The mean expectation of
eight analysts for the quarter was for a loss of 5 cents per
share. Wall Street expected results to range from -6 cents to -3
cents per share.
    * Revenue rose 5.2% to $490.65 million from a year ago;
analysts
expected $483.98 million. 
    * Aveanna Healthcare Holdings Inc's reported EPS for the
quarter
was a loss of 6 cents​.
    * The company reported a quarterly loss of $11.17 million.
    * Aveanna Healthcare Holdings Inc shares had fallen by 2.8%
this
quarter and lost 9.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 67.7%
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 $2.75 
This summary was machine generated from LSEG data May 9 at 01:52
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
 Mar. 31 2024      -0.05          -0.03          Beat
 Dec. 31 2023      -0.02          -0.02          Met
 Sep. 30 2023      -0.03          -0.03          Met
 Jun. 30 2023      -0.04          -0.02          Beat