Recap: ModivCare Q4 Earnings
Portfolio Pulse from Benzinga Insights
ModivCare (NASDAQ:MODV) reported Q4 earnings with an EPS of $1.29, beating estimates by 0.78% and showing a revenue increase of $48.91 million from the previous year. The company has a history of surpassing EPS estimates, leading to significant share price movements.
February 22, 2024 | 9:25 pm
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ModivCare reported a Q4 EPS of $1.29, surpassing estimates and showing a significant year-over-year revenue increase. The company's consistent performance in beating EPS estimates could positively influence investor sentiment.
ModivCare's Q4 earnings beat and revenue increase, combined with its history of surpassing EPS estimates, suggest a positive short-term impact on its stock price. Past performance indicates that beating EPS estimates has led to significant share price increases the following day.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100