Gentiva Health Services (Nasdaq: GTIV ) is expected to report Q2 earnings on Aug. 1. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Gentiva Health Services's revenues will drop -1.7% and EPS will wither -40.0%.
The average estimate for revenue is $420.4 million. On the bottom line, the average EPS estimate is $0.21.
Last quarter, Gentiva Health Services tallied revenue of $415.6 million. GAAP reported sales were 4.6% lower than the prior-year quarter's $435.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.23. GAAP EPS were -$6.73 for Q1 versus $0.16 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 46.7%, 20 basis points better than the prior-year quarter. Operating margin was 8.2%, 30 basis points better than the prior-year quarter. Net margin was -49.9%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $1.68 billion. The average EPS estimate is $0.92.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 271 members out of 286 rating the stock outperform, and 15 members rating it underperform. Among 86 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 80 give Gentiva Health Services a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Gentiva Health Services is hold, with an average price target of $13.00.
Is Gentiva Health Services the best health care stock for you? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average health care logistics company. Click here for instant access to this free report.
- Add Gentiva Health Services to My Watchlist.