ModivCare Inc expected to post earnings of 78 cents a share - Earnings Preview

ModivCare

04/11/2024 22:29

* ModivCare Inc  MODV.OQ   MODV.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 6 for the
period ending September 30 2024
    * The Denver Colorado-based  company is expected to report a
4.1% increase in revenue to $714.921 million from $686.93
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for ModivCare Inc is for
earnings
of 78 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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
$24.00​, above​ its last closing price of $16.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.80        0.77       -0.03     Missed  -103.9
 Mar. 31 2024  0.24        1.28       -0.09     Missed  -146.6
 Dec. 31 2023  1.32        1.28       1.29      Beat    0.9​
 Sep. 30 2023  1.17        1.11       1.44      Beat    29.3
 ​​Jun.        1.71        1.62       1.47      Missed  -9.3
 30 2023                                                
 Mar. 31 2023  1.54        1.50       1.42      Missed  -5​
 Jan. 1 0001   1.67        1.56       2.11      Beat    35.7
 Sep. 30 2022  1.67        1.62       1.61      Missed  -0.5
 This summary was machine generated November 4 at 22:29 GMT.  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)