InnovAge (NASDAQ:INNV – Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
InnovAge (NASDAQ:INNV – Get Free Report) last announced its earnings results on Monday, February 5th. The company reported ($0.03) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.03). The company had revenue of $188.90 million for the quarter, compared to analyst estimates of $181.51 million. InnovAge had a negative return on equity of 10.53% and a negative net margin of 4.38%. During the same quarter last year, the company earned ($0.07) earnings per share. On average, analysts expect InnovAge to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
InnovAge Price Performance
Shares of NASDAQ INNV opened at $4.04 on Friday. The firm has a market cap of $549.04 million, a P/E ratio of -16.16 and a beta of 0.24. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.26. InnovAge has a 1-year low of $3.52 and a 1-year high of $8.05. The business’s 50 day moving average is $4.39 and its 200-day moving average is $5.20.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on InnovAge
InnovAge Company Profile
InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management.
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