What To Expect From InnovAge Holding Corp (INNV) Q4 2024 Earnings

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InnovAge Holding Corp (INNV, Financial) is set to release its Q4 2024 earnings on Sep 10, 2024. The consensus estimate for Q4 2024 revenue is $191.49 million, and the earnings are expected to come in at -$0.03 per share. The full year 2024's revenue is expected to be $756.08 million and the earnings are expected to be -$0.18 per share. More detailed estimate data can be found on the Estimates page.

InnovAge Holding Corp (INNV, Financial) Estimates Trends

Revenue estimates for InnovAge Holding Corp (INNV) have remained steady at $756.08 million for the full year 2024 and $0.85 billion for 2025 over the past 90 days. Earnings estimates for InnovAge Holding Corp (INNV) have also remained steady at -$0.18 per share for the full year 2024 and $0.01 per share for 2025 over the past 90 days.

InnovAge Holding Corp (INNV, Financial) Reported History

In the previous quarter of March 31, 2024, InnovAge Holding Corp's (INNV) actual revenue was $193.07 million, which beat analysts' revenue expectations of $188.25 million by 2.56%. InnovAge Holding Corp's (INNV) actual earnings were -$0.04 per share, which met analysts' earnings expectations. After releasing the results, InnovAge Holding Corp (INNV) was flat in one day.

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InnovAge Holding Corp (INNV, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for InnovAge Holding Corp (INNV) is $6 with a high estimate of $7 and a low estimate of $5. The average target implies a downside of -3.38% from the current price of $6.21.

Based on GuruFocus estimates, the estimated GF Value for InnovAge Holding Corp (INNV, Financial) in one year is $7.59, suggesting an upside of 22.22% from the current price of $6.21.

Based on the consensus recommendation from 4 brokerage firms, InnovAge Holding Corp's (INNV, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.