ModivCare (MODV) Reports Q1 Loss, Tops Revenue Estimates

ModivCare (MODV) came out with a quarterly loss of $1.71 per share versus the Zacks Consensus Estimate of a loss of$ 0.34. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -402.94%. A quarter ago, it was expected that this provider of government-sponsored social services would post a loss of$ 0.10 per share when it actually produced earnings of $0.19, delivering a surprise of 290%.Over the last fo ...