ModivCare Inc expected to post earnings of $1.29 a share - Earnings Preview

ModivCare

04/08/2021 14:17

* ModivCare Inc  MODV.OQ   MODV.O  is expected to show a rise in
quarterly revenue when it reports results on August 6. 
* The Denver, Colorado-based company is expected to report   a
72.5% increase in revenue to $486.946 million from $282.26
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for ModivCare Inc is for
earnings of $1.29 per share. For the same quarter last year, the
company reported earnings of $2.53 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for ModivCare Inc
is $193​, about 8.6% above​ its last closing price
of $176.45. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  1.53        1.60       1.92      Beat    19.8
 Dec. 31 2020  1.52        1.52       0.98      Missed  -35.4
 Sep. 30 2020  1.42        1.42       2.69      Beat    89.4​
 Jun. 30 2020  0.37        0.38       2.53      Beat    574.7
 Mar.          0.28​       0.28       0.58      Beat    107.1​
 31​ 2020​                                              
 Dec. 31 2019  0.05        0.05       0.45      Beat    800​
 Sep. 30 2019  0.46        0.46       0.81      Beat    76.1
 Jun. 30 2019  0.20        0.20       0.07      Missed  -65
 This summary was machine generated August 4 at 13:17 GMT.  All
figures in US dollars unless otherwise stated