Aveanna Healthcare Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

Aveanna Healthcare Holdings

08/11/2024 05:04

* Aveanna Healthcare Holdings Inc  AVAH.OQ  reported
quarterly
adjusted earnings of 2 cents​​ per share for the quarter ended
September 30, 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 one cent per
share. Wall Street expected results to range from -2 cents to 1
cents per share.
    * Revenue rose 6.5% to $509.02 million from a year ago;
analysts
expected $496.02 million. 
    * Aveanna Healthcare Holdings Inc's reported EPS for the
quarter
was a loss of 22 cents​.
    * The company reported a quarterly loss of $42.84 million.
    * Aveanna Healthcare Holdings Inc shares had fallen by 7.5%
this
quarter and gained 79.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.8%
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 5.25 
This summary was machine generated from LSEG data November 8 at
05:04 a.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
 Sep. 30 2024      -0.01          0.02           Beat
 Jun. 30 2024      -0.02          0.01           Beat
 Mar. 31 2024      -0.05          -0.03          Beat
 Dec. 31 2023      -0.02          -0.02          Met