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MODV

ModivCare Inc

$117.38

Earnings Summary

Revenue
$628.22Mn
Net Profits
$3.33Mn
Net Profit Margins
0.53%

Highlights

Revenue:

ModivCare Inc’s revenue jumped 32.41% since last year same period to $628.22Mn in the Q2 2022. On a quarterly growth basis, ModivCare Inc has generated 9.35% jump in its revenue since last 3-months.

Net Profits:

ModivCare Inc’s net profit fell -75.66% since last year same period to $3.33Mn in the Q2 2022. On a quarterly growth basis, ModivCare Inc has generated 946.54% jump in its net profits since last 3-months.

Net Profit Margins:

ModivCare Inc’s net profit margin fell -81.62% since last year same period to 0.53% in the Q2 2022. On a quarterly growth basis, ModivCare Inc has generated 857.02% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the ModivCare Inc post its latest quarter earnings

EPS Estimate Current Quarter
1.41
EPS Estimate Current Year
1.41

Highlights

EPS Estimate Current Quarter:

ModivCare Inc’s earning per share (EPS) estimates for the current quarter stand at 1.41 - a -1.4% fall from last quarter’s estimates.

EPS Estimate Current Year:

ModivCare Inc’s earning per share (EPS) estimates for the current year stand at 1.41.

Key Ratios

Key ratios of the ModivCare Inc post its Q2 2022 earnings

Return on Assets (ROA)
0.03
Return on Equity (ROE)
-0.09
Dividend Per Share (DPS)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. ModivCare Inc’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. ModivCare Inc’s return on equity (ROE) stands at -0.09.

Dividend Per Share (DPS):

ModivCare Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
1.43
1.57
9.79%

Company Information

ModivCare Inc. ('ModivCare') is a technology-enabled healthcare services company, which provides a suite of integrated supportive care solutions for public and private payors and their patients. Its value-based solutions address the social determinants of health (SDoH), enable greater access to care, reduce costs, and improve outcomes. The Company is a leading provider of non-emergency medical transportation (NEMT), personal and home care, and nutritional meal delivery. ModivCare also holds a minority equity interest in CCHN Group Holdings, Inc. and its subsidiaries ('Matrix Medical Network'), which partners with leading health plans and providers nationally, delivering a broad array of assessment and care management services to individuals that improve health outcomes and health plan financial performance.

Organisation
ModivCare Inc
Headquarters
Stamford, Connecticut, US
Employees
17.5K
CEO
Daniel Greenleaf