Aveanna Healthcare Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

• Aveanna Healthcare Holdings Inc AVAH.OQ reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of nine analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 2 cents to 5 cents per share.

• Revenue rose 16.8% to $589.55 million from a year ago; analysts expected $535.37 million.

• Aveanna Healthcare Holdings Inc's reported EPS for the quarter was 13 cents​.

• The company reported quarterly net income of $27.03 million.

• Aveanna Healthcare Holdings Inc shares had fallen by 25.6% this quarter and lost 14.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 14.8% 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 2 "strong buy" or "buy," 5 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the healthcare facilities & services peer group is "buy."

• Wall Street's median 12-month price target for Aveanna Healthcare Holdings Inc is $5.75, about 32.3% above its last closing price of $3.89

This summary was machine generated from LSEG data August 7 at 04:27 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)