ModivCare Inc expected to post earnings of $1.62 a share - Earnings Preview

ModivCare

01/11/2022 18:33

* ModivCare Inc  MODV.OQ   MODV.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 3. 
    * The Denver Colorado-based  company is expected to report 
a
20.4% increase in revenue to $593.487 million from $493.06
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ModivCare Inc is
for
earnings of $1.62 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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
$150​, above​ its last closing price of $97.24. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.44        1.42       1.99      Beat    39.8
 Mar. 31 2022  1.39        1.43       1.57      Beat    9.5
 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.        1.28        1.29       2.13      Beat    65.8
 30 2021                                                
 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
 This summary was machine generated November 1 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated