Aveanna Healthcare Holdings Inc reports results for the quarter ended in March - Earnings Summary

• Aveanna Healthcare Holdings Inc AVAH reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of eight analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -6 cents to -3 cents per share.

• Revenue rose 5.2% to $490.65 million from a year ago; analysts expected $483.98 million.

• Aveanna Healthcare Holdings Inc's reported EPS for the quarter was a loss of 6 cents​.

• The company reported a quarterly loss of $11.17 million.

• Aveanna Healthcare Holdings Inc shares had fallen by 2.8% this quarter and lost 9.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 67.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the healthcare facilities & services peer group is also "hold"

Wall Street's median 12-month price target for Aveanna Healthcare Holdings Inc is $2.75

This summary was machine generated from LSEG data May 9 at 01:52 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)