ModivCare (NASDAQ:MODV) reported its Q1 earnings results on Thursday, May 5, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
ModivCare beat estimated earnings by 9.79%, reporting an EPS of $1.57 versus an estimate of $1.43.
Revenue was up $120.86 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.49 which was followed by a 12.55% increase in the share price the next day.
Here's a look at ModivCare's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.62 | 1.42 | 1.28 | 1.60 |
| EPS Actual | 2.11 | 1.63 | 2.13 | 1.92 |
| Revenue Estimate | 553.34M | 502.45M | 486.94M | 483.06M |
| Revenue Actual | 575.77M | 493.06M | 474.45M | 453.61M |
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.
