ModivCare Inc expected to post earnings of $1.60 a share - Earnings Preview

ModivCare

05/05/2021 14:05

* ModivCare Inc  MODV.OQ   MODV.O  is expected to show a rise in
quarterly revenue when it reports results on May 7 .
* The Denver, Colorado-based company is expected to report   a
31.5% increase in revenue to $483.057 million from $367.29
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 $1.60 per share. For the same quarter last year, the
company reported earnings of 58 cents per share.
* The current average analyst rating on the shares is "strong
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 $182.5​, about 23.5% above​ its last closing price
of $139.54. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.28        0.28       0.58      Beat    107.1
 Dec.          0.05​       0.05       0.45      Beat    800​
 31​ 2019​                                              
 Sep. 30 2019  0.46        0.46       0.81      Beat    76.1​
 Jun. 30 2019  0.20        0.20       0.07      Missed  -65
 Mar. 31 2019  0.35        0.35       0.37      Beat    5.7
 This summary was machine generated May 5 at 13:05 GMT.  All
figures in US dollars unless otherwise stated