Recap: ModivCare Q3 Earnings

ModivCare MODV reported its Q3 earnings results on Thursday, November 3, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

ModivCare missed estimated earnings by 0.62%, reporting an EPS of $1.61 versus an estimate of $1.62.

Revenue was up $154.72 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.58 which was followed by a 2.46% increase in the share price the next day.

Here's a look at ModivCare's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.41 1.43 1.62 1.42
EPS Actual 1.99 1.57 2.11 1.63
Revenue Estimate 583.46M 565.77M 553.34M 502.45M
Revenue Actual 628.22M 574.48M 575.77M 493.06M

To track all earnings releases for ModivCare visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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