InnovAge Holding (NASDAQ: INNV) has announced that it will be releasing its financial results for the fourth quarter of 2024 on Tuesday 10th September 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company's performance during this period.
In accordance with the predictions of financial analysts on Wall Street, the establishment is on track to report an expected per share of $0.03 loss for the quarter. Furthermore, the firm is projected to disclose a total revenue of $191.49 million for this quarter.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a loss of $0.09 per share. This number was attributed to the company's total revenue, which settled at an impressive $176.87 million during the same period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $756.08 million. Additionally, the earnings per share for the company are also anticipated to reach loss of $0.18 over the course of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| 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
INNV will host a conference call with investment community on 10th September 2024 at 05:00 PM eastern time to discuss the financial results.
The previous trading day saw InnovAge Holding (INNV) shares trading between $6.21 and $6.44, besides a volume of 51.10 thousand shares. The stock closed Monday's regular trading session at $6.28, demonstrating 1.13 percent upturn.
