ModivCare Inc reports results for the quarter ended in September - Earnings Summary

ModivCare

03/11/2022 13:32

* ModivCare Inc  MODV.OQ  reported quarterly adjusted
earnings of
$1.61​​ per share for the quarter ended in September. The mean
expectation of six analysts for the quarter was for earnings of
$1.62 per share.
    * Revenue rose 31.4% to $647.78 million from a year ago;
analysts
expected $593.49 million. 
    * ModivCare Inc's reported EPS for the quarter was a loss of
$2.03​.
    * The mean earnings estimate of analysts had risen by
about 8% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * ModivCare Inc shares had fallen by 11.7% this quarter and
lost 40.6% so far this year.
    * The company reported a quarterly loss of $28.51 million.
    * Wall Street's median 12-month price target for ModivCare
Inc is
$150.00 
    * 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." 

This summary was machine generated from Refinitiv data November
3 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.62           1.61           Missed
 Jun. 30 2022      1.42           1.99           Beat
 Mar. 31 2022      1.43           1.57           Beat
 Dec. 31 2021      1.62           2.11           Beat