InnovAge Holding Corp (INNV) Q1 2025 Earnings Report Preview: What to Look For

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Nov 04, 2024
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InnovAge Holding Corp (INNV, Financial) is set to release its Q1 2025 earnings on Nov 5, 2024. The consensus estimate for Q1 2025 revenue is $203.33 million, and the earnings are expected to come in at -$0.04 per share. The full year 2025's revenue is expected to be $844.27 million and the earnings are expected to be -$0.02 per share. More detailed estimate data can be found on the Forecast page.

InnovAge Holding Corp (INNV, Financial) Estimates Trends

Over the past 90 days, revenue estimates for InnovAge Holding Corp (INNV) for the full year 2025 have declined from $849.72 million to $844.27 million, and for 2026, estimates have decreased from $958.32 million to $929.85 million. Earnings estimates have also been adjusted; for the full year 2025, estimates moved from $0.01 per share to -$0.02 per share, and for 2026, estimates remained steady at $0.09 per share.

InnovAge Holding Corp (INNV, Financial) Reported History

In the previous quarter of June 30, 2024, InnovAge Holding Corp's (INNV) actual revenue was $199.40 million, which beat analysts' revenue expectations of $191.49 million by 4.13%. InnovAge Holding Corp's (INNV) actual earnings were -$0.01 per share, which beat analysts' earnings expectations of -$0.03 per share by 66.67%. After releasing the results, InnovAge Holding Corp (INNV) was down by -6.47% 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 1 analyst, the average target price for InnovAge Holding Corp (INNV) is $7 with a high estimate of $7 and a low estimate of $7. The average target implies an upside of 18.04% from the current price of $5.93.

Based on GuruFocus estimates, the estimated GF Value for InnovAge Holding Corp (INNV, Financial) in one year is $7.32, suggesting an upside of 23.44% from the current price of $5.93.

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.