InnovAge Holding Corp (NASDAQ: INNV) has set the date for the release of its first quarter financial results on Tuesday 5th November 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.
According to financial analysts on Wall Street, the organization is likely to announce an estimated per share $0.04 loss for the quarter. Additionally, the company is anticipated to reveal a total revenue of $203.33 million during this period.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $844.27 million. Furthermore, they are predicting loss of $0.02 per share for the full year.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share loss of $0.08. This numbers can be credited to the company's total revenue, which amounted to an impressive $182.49 million during the same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $-0.01 | +88.9% | 199.40 M | +12.7% |
| Q3 2024 | $-0.04 | +20.0% | 193.07 M | +11.9% |
| Q2 2024 | $-0.03 | +57.1% | 188.90 M | +12.8% |
| Q1 2024 | $-0.08 | +20.0% | 182.49 M | +6.6% |
| Q4 2023 | $-0.09 | 0% | 176.87 M | +2.3% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 5th November 2024 at 05:00 PM eastern time to review the Q1 2025 financial results.
InnovAge Holding Corp (INNV) experienced a trading range of $5.85 to $6.02, along with a total volume of 20.50 thousand shares during the day. The stock concluded Friday's regular trading session at $5.93, marking a rise of 2.24 percent.