Earnings Scheduled For February 7, 2023
Companies Reporting Before The Bell
• BP (NYSE:BP) is likely to report quarterly earnings at $1.67 per share on revenue of $53.79 billion.
Reported Late Monday, State And Federal Regulators Lift Sanctions At InnovAge’s Colorado PACE Centers
InnovAge Holding Corp. (the "Company" or "InnovAge") (NASDAQ:INNV), a market leading healthcare provider and payer for high-cost, dual-eligible seniors, announced today the release of enrollment
Goldman Sachs Maintains Neutral on InnovAge Holding, Raises Price Target to $8
Goldman Sachs analyst Jamie Perse maintains InnovAge Holding (NASDAQ:INNV) with a Neutral and raises the price target from $6 to $8.
Citigroup Maintains Neutral on InnovAge Holding, Raises Price Target to $8
Citigroup analyst Jason Cassorla maintains InnovAge Holding (NASDAQ:INNV) with a Neutral and raises the price target from $5 to $8.
Earnings Scheduled For November 8, 2022
Companies Reporting Before The Bell
• Adtran (NASDAQ:ADTN) is likely to report quarterly earnings at $0.18 per share on revenue of $330.39 million.
InnovAge Holding Earnings Perspective: Return On Capital Employed
InnovAge Holding (NASDAQ:INNV) brought in sales totaling $172.86 million during Q4 according to data provided by Benzinga Pro. However, earnings decreased 328.5%, resulting in a loss of $13.53 million.
Barclays Maintains Equal-Weight on InnovAge Holding, Lowers Price Target to $5
Barclays analyst Sarah James maintains InnovAge Holding (NASDAQ:INNV) with a Equal-Weight and lowers the price target from $6 to $5.
Why Vintage Wine Estates Shares Tumbled 40%; Here Are 70 Biggest Movers From Yesterday
Gainers
AMTD Digital Inc. (NYSE: HKD) shares jumped 311.8% to settle at $189.42 on Wednesday as the stock experienced a resurgence in momentum despite a lack of fundamental news.
InnovAge Holding Q4 EPS $(0.09) Misses $(0.03) Estimate, Sales $172.86M Miss $173.81M Estimate
InnovAge Holding (NASDAQ:INNV) reported quarterly losses of $(0.09) per share which missed the analyst consensus estimate of $(0.03) by 200 percent. This is a 280 percent decrease over earnings of $0.05 per share from
Traders More Optimistic Ahead Of Key Consumer Price Index
The CNN Money Fear and Greed index showed an improvement in investor sentiment, after US stocks recorded gains at the start of the week.
US inflation data is scheduled for release today, with analysts expecting annual inflation level to ease further during August.
Investors also assessed news of Ukraine making some progress against its war with Russia.