Earnings Release: Here's Why Analysts Cut Their ModivCare Inc. (NASDAQ:MODV) Price Target To US$57.50 [Yahoo! Finance]
ModivCare Inc. (MODV)
Company Research
Source: Yahoo! Finance
ModivCare reported revenues of US$2.8b, in line with expectations, but it unfortunately also reported (statutory) losses of US$14.43 per share, which were slightly larger than expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Check out our latest analysis for ModivCare Taking into account the latest results, the most recent consensus for ModivCare from six analysts is for revenues of US$2.83b in 2024. If met, it would imply a reasonable 2.5% increase on its revenue over the past 12 months. Earnings are expected to improve, with ModivCare forecast to report a statutory profit of US$1.50 per share. Before this earnings report, the analysts had been forecasting revenues of US$2.89b and earnin
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MODV
News
- Modivcare Reports First Quarter 2024 Financial Results; Maintains Guidance [Yahoo! Finance]Yahoo! Finance
- Modivcare Reports First Quarter 2024 Financial Results; Maintains GuidanceBusiness Wire
- Modivcare to Report First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Modivcare to Report First Quarter 2024 Financial ResultsBusiness Wire
- The past three years for ModivCare (NASDAQ:MODV) investors has not been profitable [Yahoo! Finance]Yahoo! Finance
MODV
Earnings
- 5/2/24 - Miss
MODV
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/30/24 - Form DEFA14A
- MODV's page on the SEC website