Aveanna Healthcare (AVAH) to Release Quarterly Earnings on Thursday

Aveanna Healthcare (NASDAQ:AVAH) will be issuing its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Aveanna Healthcare has set its FY 2024 guidance at EPS.Investors interested in listening to the company’s conference call can do so using this link.

Aveanna Healthcare (NASDAQ:AVAH) last posted its earnings results on Thursday, March 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02. The company had revenue of $478.84 million during the quarter, compared to analysts’ expectations of $464.33 million. On average, analysts expect Aveanna Healthcare to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Aveanna Healthcare Stock Performance

Aveanna Healthcare stock opened at $2.36 on Wednesday. Aveanna Healthcare has a fifty-two week low of $0.85 and a fifty-two week high of $3.00. The company has a market capitalization of $454.02 million, a price-to-earnings ratio of -3.32 and a beta of 2.02. The stock has a fifty day moving average of $2.37 and a two-hundred day moving average of $2.30.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Aveanna Healthcare from $2.00 to $3.00 and gave the company a “buy” rating in a research note on Monday, March 18th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $1.80.

Aveanna Healthcare Company Profile

Aveanna Healthcare Holdings Inc, a diversified home care platform company, provides pediatric and adult healthcare services in the United States. Its patient-centered care delivery platform allows patients to remain in their homes and minimizes the overutilization of high-cost care settings, such as hospitals or skilled nursing facilities.