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Stock impact report

ModivCare First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]

ModivCare Inc. (MODV) 
Company Research Source: Yahoo! Finance
Net loss: US$22.3m (loss widened by 463% from 1Q 2023). US$1.57 loss per share (further deteriorated from US$0.28 loss in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period ModivCare Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 69%. Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Healthcare industry in the US. Performance of the American Healthcare industry. The company's shares are up 15% from a week ago. Risk Analysis Be aware that ModivCare is showing 2 warning signs in our investment analysis that you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary Show less Read more
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