Gentiva Health Services
The 10-second takeaway
For the quarter ended March 31 (Q1), Gentiva Health Services missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue contracted. Non-GAAP earnings per share shrank. GAAP earnings per share dropped to a loss.
Gross margins increased, operating margins grew, net margins dropped.
Gentiva Health Services logged revenue of $415.6 million. The seven analysts polled by S&P Capital IQ expected to see a top line of $432.1 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.23. The seven earnings estimates compiled by S&P Capital IQ averaged $0.30 per share. Non-GAAP EPS of $0.23 for Q1 were 4.2% lower than the prior-year quarter's $0.24 per share. GAAP EPS were -$6.73 for Q1 against $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 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. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $421.6 million. On the bottom line, the average EPS estimate is $0.22.
Next year's average estimate for revenue is $1.70 billion. The average EPS estimate is $0.97.
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 84 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 79 give Gentiva Health Services a green thumbs-up, and five 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.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.