ModivCare: Q2 Earnings Insights

 

ModivCare MODV reported its Q2 earnings results on Thursday, August 4, 2022 at 06:00 AM.

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

Earnings

ModivCare beat estimated earnings by 41.13%, reporting an EPS of $1.99 versus an estimate of $1.41.

Revenue was up $153.77 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 1.25% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.43 1.62 1.42 1.28
EPS Actual 1.57 2.11 1.63 2.13
Revenue Estimate 565.77M 553.34M 502.45M 486.94M
Revenue Actual 574.48M 575.77M 493.06M 474.45M

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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MODVModivCare Inc
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