ModivCare Inc expected to post earnings of $1.43 a share - Earnings Preview

ModivCare

03/05/2022 19:32

* ModivCare Inc  MODV.OQ   MODV.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 5. 
    * The Denver Colorado-based  company is expected to report 
a
24.0% increase in revenue to $565.771 million from $456.26
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ModivCare Inc is
for
earnings of $1.43 per share. For the same quarter last year, the
company reported earnings of $1.92 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 7.7%
in the last three months. ​
    * Wall Street's median 12-month price target for ModivCare
Inc is
$152.5​, above​ its last closing price of $102.47. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.58        1.62       2.11      Beat    29.9
 Sep. 30 2021  1.51        1.42       1.63      Beat    14.6
 Jun. 30 2021  1.28        1.29       2.13      Beat    65.8​
 Mar. 31 2021  1.53        1.60       1.92      Beat    19.8
 ​​Dec.        1.52        1.52       0.98      Missed  -35.4
 31 2020                                                
 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. 31 2020  0.28        0.28       0.58      Beat    107.1
 This summary was machine generated May 3 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated