ModivCare (MODV) Q3 Earnings and Revenues Lag Estimates
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ModivCare (MODV) reported Q3 earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.59. This is a significant drop from $1.44 per share a year ago.
November 07, 2024 | 12:30 am
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NEGATIVE IMPACT
ModivCare's Q3 earnings of $0.45 per share fell short of the expected $0.59, and significantly decreased from $1.44 per share a year ago, indicating potential challenges.
The earnings miss and significant year-over-year decline suggest potential operational or market challenges, likely leading to negative investor sentiment and short-term stock price pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100