InnovAge Holding Corp expected to post a loss of 4 cents a share - Earnings Preview

Reuters
2024-11-02

* InnovAge Holding Corp is expected to show a rise in quarterly revenue when it reports results on November 5 for the period ending January 1 0001

* The Denver Colorado-based company is expected to report a 11.4% increase in revenue to $203.329 million from $182.49 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for InnovAge Holding Corp is for a loss of 4 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for InnovAge Holding Corp is $7.00​, above​ its last closing price of $5.93. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 -0.03 -0.01 Beat 62

Jan. 1 0001 -0.04 -0.03 -0.04 Missed -16.8

Dec. 31 2023 -0.04 -0.03 -0.01 Beat 67.5​

Sep. 30 2023 -0.04 -0.04 -0.08 Missed -111.9

​​Jun. -0.04 -0.09 Missed -155.3

30 2023

Jan. 1 0001 -0.04 -0.05 -0.05 Met -7.5​

Dec. 31 2022 -0.09 -0.09 -0.07 Beat 25.5

Sep. 30 2022 -0.03 -0.03 -0.10 Missed -185.7

This summary was machine generated November 2 at 03:59 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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