ModivCare Sees FY24 Revenue $2.7B-$2.9B Vs $2.897B Est.
Portfolio Pulse from Benzinga Newsdesk
ModivCare projects its FY24 revenue to be in the range of $2.7B to $2.9B, which is in line with the estimated $2.897B.
February 22, 2024 | 9:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
ModivCare's FY24 revenue projection aligns closely with analysts' expectations, indicating stable financial performance.
ModivCare's revenue forecast for FY24 is closely aligned with the analysts' estimates, suggesting that the company's financial performance is in line with market expectations. This alignment typically indicates a neutral impact on the stock price in the short term, as there are no significant positive or negative surprises.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90